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Meta fined €798m by EU
EU Fines Meta $840 Million Over Classified Ads Business
An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.
Meta Fined €798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to the social network, the US tech giant’s first ever penalty for EU antitrust violations.
Meta Fined $843 Million by EU Over Marketplace Ads
The European Commission fined the company over allegations that it tied its classified-ads platform to its flagship social network.
Barron's
8h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
Among the 10 largest antitrust fines ever imposed by the 27-nation
European
Union
, it is the latest in ... Facebook and ...
KSL
7h
EU slaps Meta with $841M fine for engaging in 'abusive' Marketplace practices
LONDON —
European
Union
regulators issued their first ... related data — generated from competing classified ad ...
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