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EU Slaps Meta With €798 Million Fine
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.
EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls "abusive practices" involving its Marketplace online classified ads business.
EU Fines Meta $840 Million Over Classified Ads Business
An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.
3h
EU Fines Meta 798 Mn Euros For Facebook Ad Antitrust Breach
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...
cnbctv18
2h
European Union fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
Meta said it will appeal the decision, but in the meantime, it will comply and will work quickly and constructively to launch ...
1d
Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators
Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an ...
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