Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
1 day 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 ...
EU slaps Meta with a nearly 800 million euro fine for engaging in ...
1 day 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 EU fine for Facebook Marketplace ads ...
1 day 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 ...
EU fines Meta 797 mln euros over abusive practices benefiting …
1 day ago · The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier ...
EU slaps Meta with a nearly 800 million euro fine for engaging in ...
2 days ago · LONDON -- 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. The European Commission, the 27-nation bloc's executive branch and top antitrust enforcer, issued the 797.72 million euro ($841 million) penalty ...
EU slaps Meta with a nearly 800 million euro fine for ... - ABC News
1 day 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 ...
Meta Fined €798 Million by EU Over Abusing Classified Ads …
1 day 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 $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 against...
Meta fined 800 million euro for 'abusive' Marketplace ... - CTV News
1 day ago · LONDON, United Kingdom -. 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 ...
EU Fines Meta $840 Million Over Classified Ads Business
1 day ago · A photo of the Meta logo is seen in France on June 14, 2023. On Thursday, the European Union announced a $840 million fine against Meta over its classified ads business.