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EU Slaps Meta With €798 Million Fine
Meta hit with $840 million EU fine over antitrust concerns
The European Commission, the executive arm of the European Union, has hit Meta, the company that owns Facebook, Instagram, and Threads, with a fine worth $840 million for what it classifies as an antitrust violation.
EU fines Meta $840 million over abusive practices benefiting Facebook Marketplace
Meta said the Commission claimed that Marketplace had the potential to hinder the growth of large incumbent online marketplaces in the EU.
Meta Hit With $841 Million EU Fine Over Antitrust Violations Tied To Facebook Marketplace
Meta Platforms fined €797.72 million by EU for violating antitrust laws and abusing dominant market position with Facebook Marketplace.
Meta must face antitrust trial by FTC
Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions
A judge largely denied Meta's motion to end the case filed against Facebook in 2020 alleging that the company acted illegally to maintain its social network monopoly.
Meta will go to trial over WhatsApp and Instagram acquisitions
Facebook owner Meta Platforms must face trial in a lawsuit seeking its break up over claims it bought Instagram and WhatsApp to squash competition
Meta Wins Limits to FTC Instagram, WhatsApp Antitrust Suit
Meta Platforms Inc. will face a scaled-back antitrust trial over its alleged dominance of social networking after a federal judge threw out some allegations by the US Federal Trade Commission.
13h
Antitrust lawsuit against Meta heads to trial in effort to break up social media giant
An antitrust case aimed at breaking up social media giant Meta is heading to trial. That's after a federal judge partly ...
Barron's
6h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The EU fined online giant
Meta
almost 800 million euros on Thursday for breaching
antitrust
rules by giving users of its ...
1d
Meta Will Get Its Unwanted Day in Antitrust Court
A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were ...
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