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Meta Fined €797M by EU
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads business.
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 fines Meta $842 million in a Facebook Marketplace antitrust case
The executive arm of the European Union isn’t shying away from slapping major tech companies with hefty fines. The European Commission has fined Meta €797.12 million ($842 million) for violating antitrust regulations.
Barron's
11h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The reality is that people use
Facebook
Marketplace
because they want to, not because they have to," the firm said in a ...
radiojamaicanewsonline
8h
EU fines Meta $840 million for 'abusive practices' benefitting Facebook Marketplace
The European Union has fined Meta Platforms $840 million regarding what it called abusive practices benefitting Facebook ...
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