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EU Slaps Meta With €798 Million Fine
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 $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.
EU Fines Meta $798 Million Over Alleged Abuse of Market Power in Facebook Marketplace
The European Union has imposed a €798 million ($840 million) fine on Meta Platforms, accusing the company of unfairly promoting its Facebook Marketplace by tying it to the popular social network Facebook and setting restrictive terms for other online classified ad services.
KSL
12h
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 ...
Barron's
13h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
Meta
must now stop this behaviour," the bloc's competition ... Among the 10 largest antitrust fines ever imposed by the ...
2d
Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators
Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an ...
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