Meta said the Commission claimed that Marketplace had the potential to hinder the growth of large incumbent online ...
An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online ...
Key Takeaways Meta is facing a new 797 million euro fine from European regulators, this time over its Facebook Marketplace service.The European Commission said Thursday that Meta tying Marketplace to ...
The EU Commission fined tech giant Meta for practices favoring Facebook Marketplace that it said violated EU competition law. The body said that Meta had engaged in practices benefiting Facebook ...
Meta’s fine comes at a period of political transition both in the EU and the US. Brussels officials have been aggressive both in their rhetoric and their antitrust probes against Big Tech giants ...
Among the 10 largest antitrust fines ever imposed by the 27-nation ... penalties in the event of infringements. In July, the EU accused Meta of breaching the digital rules with its new “pay ...
Meta received a fine of over $840 million on Wednesday for ... “We will appeal this decision to ensure that consumers are well served in the EU.” The company claims there is no evidence ...
"The European Commission has fined Meta ... for breaching EU antitrust ... find any evidence of harm to competitors. Companies risk fines of as much as 10% of their global turnover for EU ...
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 ...
The European Union has fined Meta Platforms €798 million ($840 million) over what it called abusive practices benefiting Facebook Marketplace. “The European ...