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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 accuse the tech giant of using its popular social network to unfairly advantage its classified ads business.
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
EU fines
Facebook
parent Meta nearly 800 million euros over 'abusive' Marketplace practices LONDON -- EU fines
Facebook
parent Meta nearly 800 million euros over 'abusive' Marketplace practices. 24/7 coverage of breaking
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and live events
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 $840m for Allegedly Abusing Facebook Marketplace Dominance
The EU has fined Meta nearly €798 million (about $840 million) over allegations it abused the ties between Facebook and Facebook Marketplace to squeeze out competitors.
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 Facebook social network automatic access to classified ads service Facebook Marketplace.
Facebook Marketplace violations: EU imposes 800 million euro fine
For years, the EU Commission investigated whether Meta abusively favored the Facebook marketplace. The fine now imposed is meant to deter Meta financially.
EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what they call “abusive practices” involving its Marketplace online classified ads business.
EU Fines Meta $843 Million Over Marketplace Classified Ads
European Commission fines Facebook-owner Meta Platforms over allegations it illegally tied its Marketplace classified ads platform to its flagship social network, undermining competition.
Meta fined nearly €800mn for breaking EU law over classified ads practices
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says
Meta Fined €798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to its sprawling social network, the US tech giant’s first ever penalty for EU antitrust violations.
2h
on MSN
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 ...
6d
Why are people blacking out their Facebook profile photos after Tuesday's election?
"Since the recent election, many have chosen this blacked-out profile as a form of protest against the election results," ...
2d
on MSN
Facebook and Instagram users in Europe can opt for less personalized ads
Facebook and Instagram users in Europe will get the option to see less personalized ads if they don’t want to pay for an ...
7d
on MSN
Supreme Court appears split in Facebook lawsuit tied to data breach
A group of Facebook investors sued in 2018, saying the social media giant gave misleading statements and omitted key ...
3d
on MSN
Manufactured homes are surging in popularity — and you can order them on Amazon or Facebook
When Julie Johnson and her husband decided to purchase their own home, they turned to an unexpected place: Facebook ...
Yahoo
2h
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 ...
4d
on MSN
Mark Zuckerberg isn't personally liable for any harm caused to children by Facebook and Instagram, judge says
Over two dozen lawsuits accuse Mark Zuckerberg's platforms of being dangerously addictive to children.
Daily Post Nigeria
16h
Facebook’s Zuckerberg drops song with T-Pain to celebrate wife
Mark Zuckerberg, founder of
Facebook
and Meta, has released a special cover of the rap hit “Get Low” to celebrate his wife, ...
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