An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online ...
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads ...
The European Commission said Meta had acted illegally in tying the Marketplace to the social network arm of the platform.
The European Commission recently fined Meta 798 million euros—about $841 million—for "tying" classified ads on Facebook ...
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European ...
"The European Commission has fined Meta ... for breaching EU antitrust ... find any evidence of harm to competitors. Companies risk fines of as much as 10% of their global turnover for EU ...
Key Takeaways Meta is facing a new 797 million euro fine from European regulators, this time over its Facebook Marketplace service.The European Commission said Thursday that Meta tying Marketplace to ...
EU Fines Meta Nearly €800 Million for Facebook Marketplace Practices and Advertising Data Violations Your email has been sent The European Commission accuses Meta of giving Marketplace an unfair ...
The EU fined online giant Meta almost 800 million euros on Thursday ... Among the 10 largest antitrust fines ever imposed by the 27-nation European Union, it is the latest in a string of hefty ...
The fine is the latest in a string of hefty penalties ... that carry massive financial penalties in the event of infringements. In July the EU accused Meta of breaching the digital rules with ...
Meta’s fine comes at a period of political transition both in the EU and the US. Brussels officials have been aggressive both in their rhetoric and their antitrust probes against Big Tech giants ...