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EU slaps Meta with a nearly 800 million euro fine
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.
EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices
European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty of nearly 800 million euros for what they call “abusive practices” involving its Marketplace online classified ads business.
EU fines Facebook owner Meta $840 million over abusive practices
STORY: The EU hit Facebook owner Meta with a huge fine on Thursday (November 14) for breaching antitrust rules. The tech giant must pay just over $840 million for abusive practices that benefited its online classified ads service Facebook Marketplace.
Exchange 4 Media
28m
EU hits Meta with $840 million fine over ‘abusive practices’ in FB Marketplace
The case underscores the importance of fair competition in digital markets, particularly as
Meta
and other tech giants expand globally. With
EU
regulators leading the charge, Indian advertisers ...
Barron's
8h
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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