Meta will face antitrust trial over Instagram, WhatsApp …
1 day ago · 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 ...
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
11 hours ago · The European Union on Thursday fined Meta roughly $840 million for breaking competition laws with Facebook Marketplace, its shopping and classified ads platform, the latest action by regulators ...
Meta slapped with a €798M fine in Europe over anticompetitive ...
12 hours ago · The European Commission announced that it would fine Meta €797.72 million — nearly $840 million — for breaching EU antitrust rules connected to how it ties its online classified ads service ...
Meta fined 798 million euros ($846m) for breaking EU antitrust …
10 hours ago · EU says Meta automatically ties its ad service – Facebook Marketplace – to Facebook, creating an unfair advantage. Meta's 797.72 million-euro ($846m) penalty ranks among the top 10 antitrust ...
Meta Fined €798 Million by EU Over Abusing Classified Ads …
12 hours ago · November 14, 2024 at 5:30 AM PST. Translate. Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to its ...
Meta hit with $840 million fine for linking Facebook and …
11 hours ago · The European Union has fined Meta €797.7 million (around $840 million) for breaching antitrust rules by tying Facebook to its classified ads service Marketplace. ... a news writer focused on ...
EU slaps Meta with a nearly 800 million euro fine for engaging in ...
12 hours ago · Meta’s practices gave it “advantages that other online classified ads service providers could not match,” Margrethe Vestager, the commission’s executive vice-president in charge of competition policy, said in a press release “This is illegal under EU antitrust rules. Meta must now stop this behaviour.”
Meta Must Face Trial After Judge Pares Some FTC Claims
1 day ago · Meta Platforms Inc. will face a somewhat scaled-back antitrust trial over its alleged dominance of social networking after a federal judge threw out some allegations by the US Federal Trade ...
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
1 day ago · Meta overpaid for Instagram in 2012 and WhatsApp in 2014 to eliminate nascent threats instead of competing on its own in the mobile ecosystem, the FTC claims.
EU slaps Meta with €797 million fine for breaching antitrust rules
10 hours ago · The European Commission slapped a €797, 72 million fine on Facebook’s owner Meta for abusing its dominant position in the market for personal social networks on Thursday, for preferencing its ...