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EU Slaps Meta With €798 Million Fine
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.
Meta Fined €798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to the social network, the US tech giant’s first ever penalty for EU antitrust violations.
Meta Faces Hefty Fine from EU for Antitrust Violations in Facebook Marketplace
Meta faces a €800m fine from the EU for unfairly linking Facebook Marketplace to its social network, marking the latest antitrust action by regulators
Mobile World Live
9h
Meta hits back at €798M EC fine
Meta Platforms vowed to appeal a European Commission fine of €798 million issued for breaching competition rules by linking ...
2d
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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