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Meta, Facebook
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.
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads business.
EU fines Facebook owner Meta $840 million over abusive practices
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 its online classified ads service Facebook Marketplace.
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 ...
Barron's
7h
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
FTC antitrust case against Meta can move to trial, court rules
A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal ...
Yahoo
12h
Facebook's parent company, Meta, facing courtroom battle
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses
Meta
of creating an illegal ...
TechRepublic
23h
Meta Offers Less Personalised Ads for EU Users to Appease Regulators
Meta
Offers Less Personalised Ads for EU Users to Appease Regulators Your email has been sent The parent company of ...
1d
on MSN
Meta will have to defend itself from antitrust claims after all
The Federal Trade Commission will get a chance to argue its case for Meta’s breakup in court. On Wednesday, US District Judge ...
USA Today
1d
Meta will go to trial over WhatsApp and Instagram acquisitions
WASHINGTON -
Facebook
owner
Meta
Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break up over claims that it bought Instagram and WhatsApp to crush emerging ...
Startup Daily
2d
Facebook’s parent company, Meta, wins ‘Shonky’ award for not tackling scam ads
Scam ads are lucrative for scammers, but the money they steal from vulnerable people is also delivering plenty of cash to ...
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