Meta hit with $840 million EU fine for 'abusive' Facebook
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 slaps Meta with a nearly 800 million euro fine for engaging in ...
1 day ago · LONDON (AP) — 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 Meta €797M over Facebook Marketplace's anti …
5 hours ago · 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 anti-competitive advertising model adopted in the operation of Facebook Marketplace.. Meta, formerly known as Facebook Inc., owns several social media platforms including Facebook, Instagram, and ...
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 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.
Europe fines Meta $840 million over practices benefiting …
1 day 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 ...
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 ...
Meta fined €798m over 'unfair' Facebook Marketplace - BBC
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 over ...
Meta fined record $1.3 billion and ordered to stop sending European …
May 22, 2023 · LONDON (AP) — The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring users’ personal information across the Atlantic by October, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears.
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...