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EU Slaps Meta With €798 Million Fine
Meta hit with $840 million fine for linking Facebook and Marketplace
The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by the EU last year for transferring the Facebook data of EU citizens to the US.
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.
Europe fines Meta almost $840 million for linking Marketplace to Facebook
Meta was penalized by the EU for tying Facebook Marketplace to its social network, and for imposing unfair trading conditions on competitors.
Digital information world
22m
Meta Confirms Facebook Will Switch To Views As Its Main Focus Metric
Meta confirms Facebook shifts to Views as a main focus, simplifying metrics for content performance evaluation.
Yahoo
18h
Facebook's parent company, Meta, facing courtroom battle
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses
Meta
of creating an illegal ...
Barron's
14h
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 ...
1d
on MSN
Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions
A judge largely denied Meta’s motion to end the case filed against Facebook in 2020 alleging that the company acted illegally ...
Yahoo
15h
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Meta
is facing a new 797 million euro fine from European regulators, this time over its
Facebook
Marketplace service. The ...
TechRepublic
1d
Meta Offers Less Personalised Ads for EU Users to Appease Regulators
Meta
Offers Less Personalised Ads for EU Users to Appease Regulators Your email has been sent The parent company of ...
1d
on MSN
Meta will have to defend itself from antitrust claims after all
The Federal Trade Commission will get a chance to argue its case for Meta’s breakup in court. On Wednesday, US District Judge ...
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