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Facebook, Meta
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.
Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
Meta is in hot water in Europe once again. The European Competition Commission issued the Facebook and Instagram parent company with a fine on Thursday to the tune of 798 million euros ($843 million) over "abusive practices.
Europe fines Meta almost $840 million for linking Marketplace to Facebook
Meta was penalized by the EU for tying Facebook Marketplace to its social network, and for imposing unfair trading conditions on competitors.
Yahoo
4h
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
2h
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 ...
23h
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 ...
TechRepublic
18h
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
1d
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 ...
5d
Will Meta Platforms Enact a Stock Split in 2025?
One company that has never split its stock but may consider doing so in 2025 is Meta Platforms ( META -0.40%), formerly known ...
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