European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads ...
The executive arm of the European Union isn’t shying away from slapping major tech companies with hefty fines. The European ...
Key Takeaways Meta is facing a new 797 million euro fine from European regulators, this time over its Facebook Marketplace ...
The European Commission has fined Meta €797.72 million after saying the tech giant's Marketplace held an unfair advantage.
The European Union has fined Facebook’s parent company Meta over $840 million for violating antitrust laws through its ...
The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting ...
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European ...
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 ...
The European Union has imposed a €798 million ($840 million) fine on Meta Platforms, accusing the company of unfairly ...
The European Commission’s decision provides no evidence of competitive harm to rivals or any harm to consumers.
The European Commission has fined Meta Platforms €797.72 million for engaging in abusive practices with Facebook Marketplace.
Meta said it will appeal the decision, but in the meantime, it will comply and will work quickly and constructively to launch ...