Europe fines Meta $840 million over practices benefiting Facebook …
11 hours ago · Meta's headquarters in Menlo Park, California, seen in February 2023. The European Union has fined Meta Platforms €798 million ($840 million) over what it called abusive practices benefiting Facebook Marketplace. “The European Commission has fined Meta … for breaching EU antitrust rules by tying its online classified ads service Facebook ...
Meta Fined $840 Million in Europe for Boosting Marketplace …
13 hours ago · The European Union fined Meta roughly $840 million on Thursday for breaking competition laws with Facebook Marketplace, its shopping and classified ads platform, the latest action by regulators ...
Meta hit with $840 million fine for linking Facebook and Marketplace
12 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.
EU slaps Meta with a nearly 800 million euro fine for engaging in ...
13 hours ago · 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. ... dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats ...
Meta hit with $840 million EU fine for Facebook Marketplace ads ...
13 hours ago · The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook ...
Our Response to the European Commission’s Decision on Facebook Marketplace
13 hours ago · The European Commission’s decision claims that Meta imposes Facebook Marketplace on people who use Facebook in an illegal “tie.”. But that argument ignores the fact that Facebook users can choose whether or not to engage with Marketplace, and many don’t. The reality is that people use Facebook Marketplace because they want to, not ...
EU fines Meta $842 million in a Facebook Marketplace
11 hours ago · The European Commission has fined Meta €797.12 million ($842 million) for violating antitrust regulations. The EC says that by tying Facebook Marketplace to Facebook and “imposing unfair ...
Meta slapped with a €798M fine in Europe over anticompetitive ...
13 hours ago · 6:07 AM PST · November 14, 2024. Meta, the parent of Facebook, Instagram and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this time over abusive practices related to ...
Meta Fined €798 Million by EU Over Abusing Classified Ads …
14 hours ago · Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to its sprawling social network, the US tech giant’s ...
Meta fined €798m over 'unfair' Facebook Marketplace - BBC
1 day ago · 2 minutes ago. Meta has been fined €798m (£664m) for breaking competition law by embedding Facebook Marketplace within its social network. The European Commission said this meant alternative ...