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EU Slaps Meta With €798 Million Fine
Meta hit with $840 million fine for linking Facebook and Marketplace
The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by the EU last year for transferring the Facebook data of EU citizens to the US.
EU fines Meta 797 mln euros over abusive practices benefiting Facebook Marketplace
The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.
EU fines Meta $842 million in a Facebook Marketplace antitrust case
The executive arm of the European Union isn’t shying away from slapping major tech companies with hefty fines. The European Commission has fined Meta €797.12 million ($842 million) for violating antitrust regulations.
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 ...
Yahoo
8h
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Meta is facing a new 797 million euro fine from European regulators, this time over its
Facebook
Marketplace
service. The ...
Channel NewsAsia Singapore
22m
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
"The European Commission has fined Meta ... for breaching
EU
antitrust rules by tying its online classified ads service ...
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