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Meta fined €798m by EU

Newsweek · 11h

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.

The New York Times · 18h

Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly

Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.

The Register on MSN · 5h

EU stings Meta for nearly a billion bucks over competition-trampling Facebook Marketplace

Mark Z does not like this The European Union has fined Facebook parent Meta €797.72 million ($843 million) for antitrust violations connected to its online classified service Facebook Marketplace. … The European Commission levied the punishment after years of investigations into the tying of Marketplace to Facebook accounts and unfair trading conditions on competing online classified ad services.

KSL16h

EU slaps Meta with $841M fine for engaging in 'abusive' Marketplace practices

LONDON — European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty ...

19h

EU fines Meta €800 million: is Trump’s election victory sparking trade tensions?

The European Commission fined Meta a staggering €797.72 million today. Was it a show of EU's retaliation against the expected ...

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