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 on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting ...
The European Commission fined Facebook’s parent company Meta for almost €800 million for breaching antitrust regulation on ...
The European Union has imposed a €798 million ($840 million) fine on Meta Platforms, accusing the company of unfairly ...
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European ...
The European Commission imposed a fine of about €797.72 million, equivalent to US$840.24 million on Meta. The fine was ...
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 calls it "disappointing", saying Commission has not provided any evidence of competitive harm to rivals or consumers; ...
Meta has been fined nearly €800 million by the European Commission for competition law breaches related to Facebook ...
Meta said it will appeal the decision, but in the meantime, it will comply and will work quickly and constructively to launch ...