Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
8 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 ...
Europe fines Meta $840 million over practices benefiting …
6 hours ago · Justin Sullivan/Getty Images/File. The European Union has fined Meta Platforms €798 million ($840 million) over what it called abusive practices benefiting Facebook Marketplace. “The European ...
EU slaps Meta with a nearly 800 million euro fine for engaging in ...
9 hours ago · Meta said it would comply with the Commission’s order to end the offending conduct and not repeat it, but also vowed to appeal. The case dates back to 2021, when European Union regulators and their counterparts in Britain opened dual investigations into the classified business.
Meta hit with $840 million fine for linking Facebook and …
7 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.
Meta Fined €798 Million by EU Over Abusing Classified Ads …
9 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 ...
EU fines Meta $800 million for abusive practices on Facebook ...
7 hours ago · E.U. fines Meta $840 million for abusive practices on Facebook Marketplace. European enforcers accuse the tech giant of using its popular social network to unfairly advantage its classified ads ...
Meta fined 798 million euros ($846m) for breaking EU antitrust rules
7 hours ago · 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.
Meta hit with $840 million EU fine for Facebook Marketplace ads ...
9 hours ago · The EU fined the company 797.72 million euros ($840 million), a sum the commission said took into account the “duration and gravity of the infringement”, as well as the turnover of Meta and ...
Meta Fined $1.3 Billion for Violating E.U. Data Privacy Rules
May 22, 2023 · Meta on Monday was fined a record 1.2 billion euros ($1.3 billion) and ordered to stop transferring data collected from Facebook users in Europe to the United States, in a major ruling...
Meta fined €798m over 'unfair' Facebook Marketplace - BBC
23 hours ago · The European Union says the tech giant crowded out rivals, breaching competition law. ... News. US Election. Sport. Business. ... Video. Live. Audio. Weather. Newsletters. Meta fined €798m for ...