Europe fines Meta $840 million over practices benefiting Facebook ...
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 ...
EU slaps Meta with a nearly 800 million euro fine for engaging in ...
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 business. ... dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats ...
Our Response to the European Commission’s Decision on Facebook Marketplace
1 day ago · The European Commission’s decision claims that Meta imposes Facebook Marketplace on people who use Facebook in an illegal “tie.”. But that argument ignores the fact that Facebook users can choose whether or not to engage with Marketplace, and many don’t. The reality is that people use Facebook Marketplace because they want to, not ...
Meta fined €798m over 'unfair' Facebook Marketplace - BBC News
1 day ago · 27 minutes ago. Meta has been fined €798m (£664m) for breaking competition law by embedding Facebook Marketplace within its social network. The European Commission said this meant alternative ...
Meta Fined $840 Million in Europe for Boosting Marketplace …
1 day ago · Nov. 14, 2024. 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 ...
Meta hit with $840 million fine for linking Facebook and Marketplace
1 day 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 hit with $840 million EU fine for 'abusive' Facebook Marketplace ...
1 day ago · Mark Zuckerberg, founder and CEO of Meta. The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic ...
providers who advertise on Meta's platforms, in particular on its very popular social networks Facebook and Instagram. This allows Meta to use ads-related data generated by other advertisers for the sole benefit of Facebook Marketplace. Fine The Commission has ordered Meta to bring the conduct effectively to an end, and to refrain
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 ...
EU Fines Meta $843M For Tying Marketplace to Facebook
1 day ago · Investopedia does not include all offers available in the marketplace. Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other ...