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EU Slaps Meta With €798 Million Fine

DPA International on MSN · 36m

Meta fined nearly €800 million for breaching EU antitrust rules

The European Commission has fined Facebook parent company Meta €797.72 million ($841 million) for breaches of EU competition law benefiting Facebook Marketplace. The antitrust breaches relate to Meta's abuse of its dominant market position on social media networks and in online advertising,

Engadget on MSN · 1h

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.

The Associated Press on MSN · 1h

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.

Meta must face antitrust trial by FTC

The Washington Post on MSN · 18h

FTC antitrust case against Meta can move to trial, court rules

A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal monopoly over social media can proceed to trial, handing the agency a victory after previous setbacks in making its case in court.

Meta will face antitrust trial over Instagram, WhatsApp acquisitions

Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media,

New York Post on MSN · 18h

Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions

A judge largely denied Meta's motion to end the case filed against Facebook in 2020 alleging that the company acted illegally to maintain its social network monopoly.

5h

Antitrust lawsuit against Meta heads to trial in effort to break up social media giant

An antitrust case aimed at breaking up social media giant Meta is heading to trial. That's after a federal judge partly ...

18h

Meta Will Get Its Unwanted Day in Antitrust Court

A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were ...

EU Fines Meta $840 Million Over Classified Ads Business

The European Union hit Meta, the parent company of Facebook, with a $840 million fine this week over its classified ...

EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices

The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...

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