The European Union says Facebook parent company Meta Platforms' "pay or consent" ad model violates its new digital competition rules. Meta stock traded lower early Monday following the news.

Meta Platforms is adapting to European regulatory demands by ... without the need to pay extra. This move comes after ...

Meta said it will appeal the decision, but in the meantime, it will comply and will work quickly and constructively to launch ...

LONDON: European Union regulators accused social media company Meta Platforms on Monday of breaching the bloc's new digital competition rulebook by forcing Facebook and Instagram users to choose ...