EU fines Meta €797M over Facebook Marketplace's anti …
5 hours ago · 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 anti-competitive advertising model adopted in the operation of Facebook Marketplace.. Meta, formerly known as Facebook Inc., owns several social media platforms including Facebook, Instagram, and ...
EU slaps Meta with a nearly 800 million euro fine for engaging in ...
1 day ago · European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business. ... The Associated Press is an independent global news organization dedicated to factual reporting. ... automatically exposing Facebook users ...
EU Fines Meta Nearly €800 Million over Facebook Marketplace
9 hours ago · Meta to appeal fine, denies Marketplace and ad data claims. Meta immediately responded to the Commission’s announcement, saying it would appeal the fine. Mark Zuckerberg’s company says the ...
Europe fines Meta $840 million over practices benefiting Facebook …
1 day ago · The European Union has fined Meta Platforms €798 million ($840 million) over what it called abusive practices benefiting Facebook Marketplace. “The European Commission has fined Meta … for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its ...
Meta Fined €798 Million by EU Over Abusing Classified Ads …
1 day ago · (Bloomberg) -- Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to the social network, the US tech giant ...
Meta fined €798m over 'unfair' Facebook Marketplace - BBC News
1 day ago · Meta has been fined €798m (£664m) for breaking competition law by embedding Facebook Marketplace within its social network. The European Commission said this meant alternative classified ads ...
Meta fined 800 million euro for 'abusive' Marketplace ... - CTV News
1 day ago · European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty of nearly 800 million euros for what they call “abusive practices” involving its ...
Our Response to the European Commission’s Decision on Facebook Marketplace
1 day ago · Platforms like eBay, Leboncoin in France, Marktplaats in the Netherlands, Subito in Italy, Blocket in Sweden and Finn.no in Norway are formidable competitors and the market leader in many member states. They have continued to report considerable commercial success, including strong financial results and growth, since Facebook Marketplace launched.
Press corner | European Commission - Die Europäische Kommission
1 day ago · The European Commission has fined Meta €797.72 million for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on …
EU Fines Meta $843M For Tying Marketplace to Facebook
1 day ago · Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators who accused the company of harming other classified marketplace providers in Europe by attaching its ...