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EU Slaps Meta With €798 Million Fine
EU fines Facebook owner Meta $840 million over abusive practices
STORY: The EU hit Facebook owner Meta with a huge fine on Thursday (November 14) for breaching antitrust rules. The tech giant must pay just over $840 million for abusive practices that benefited its online classified ads service Facebook Marketplace.
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other classified marketplace providers in Europe caused by attaching its Marketplace product to Facebook,
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.
ABC News
17h
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
EU
fines
Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices LONDON --
EU
fines
...
Barron's
11h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The
EU
fined online giant Meta almost 800 million euros on Thursday ... Among the 10 largest antitrust
fines
ever imposed ...
U.S. News & World Report
22h
EU Fines Meta €797 Million Over Abusive Practices Benefiting Facebook Marketplace
Meta said in a statement that it will appeal the decision, adding that the
EU
has offered no evidence of harm to ...
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