Meta has been fined €798m (£664m) for breaking competition law by embedding Facebook Marketplace within its social network.
The European Commission has fined Meta €797.72 million after saying the tech giant's Marketplace held an unfair advantage.
Meta calls it "disappointing", saying Commission has not provided any evidence of competitive harm to rivals or consumers; ...
The European Commission imposed a fine of about €797.72 million, equivalent to US$840.24 million on Meta. The fine was ...
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...
Meta has been fined almost €800m by the EU over concerns its Marketplace creates an unfair digital classified industry.
The European Commission fined Meta $797.72 million euro on Wednesday for abusing its dominant position and breaching EU Antitrust rules. The EU opened these proceedings against Meta in 2021 for the ...
Meta faces a €800m fine from the EU for unfairly linking Facebook Marketplace to its social network, marking the latest ...
Because the site is so accessible, users are often meeting and interacting with strangers to complete transactions. Here are ...
The penalty stems from Meta's integration of Facebook Marketplace into its main platform, which the EU Commission argues gave ...
The European Commission fined Facebook’s parent company Meta for almost €800 million for breaching antitrust regulation on ...