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Meta fined €798m by EU
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 $840 Million Over Classified Ads Business
An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.
Meta fined 798 million euros ($846m) for breaking EU antitrust rules
The European Union has hit technology giant Meta with a fine just shy of 800 million euros for what it called “abusive practices” involving its Facebook Marketplace online classified ads business. The EU’s European Commission issued the fine of 797.
KSL
1h
EU slaps Meta with $841M fine for engaging in 'abusive' Marketplace practices
LONDON —
European
Union
regulators issued their first antitrust fine to Facebook parent
Meta
on Thursday with a penalty ...
radiojamaicanewsonline
7m
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 ...
Barron's
3h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
Meta
must now stop this behaviour," the bloc's competition ... Among the 10 largest antitrust fines ever imposed by the ...
1d
Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators
Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an ...
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