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.
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 ...
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 ...
Meta fined nearly $1.2B for 'abusive' Marketplace practices: EU - CTV News
1 day ago · Published Nov. 14, 2024 7:45 a.m. PST. Share. LONDON, United Kingdom -. European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty of nearly 800 ...
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 ...
Press corner | European Commission - Die Europäische Kommission
1 day ago · The European Commission has fined Meta €797.72 million for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on …
EU fines Meta $800 million for abusive practices on Facebook ...
1 day ago · E.U. fines Meta $840 million for abusive practices on Facebook Marketplace. European enforcers accuse the tech giant of using its popular social network to unfairly advantage its classified ads ...
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...
EU slaps Meta with a nearly 800 million euro fine for ... - Newsday
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.