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Meta, Facebook
Meta penalised €797.72M for abusing market power with Facebook Marketplace
The penalty stems from Meta's integration of Facebook Marketplace into its main platform, which the EU Commission argues gave the service an unfair competitive advantage.
Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
The European Commission says Facebook's parent company is undermining its rivals by embedding its classified ads platform within the social network.
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.
Meta must face antitrust trial by FTC
Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions
A judge largely denied Meta’s motion to end the case filed against Facebook in 2020 alleging that the company acted illegally to maintain its social network monopoly.
Meta in the hot seat: Trial looms over Instagram, WhatsApp buys
Meta will be going to trial to defend itself in a years-long antitrust case over its acquisitions of Instagram and WhatsApp.
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 monopoly over social media can proceed to trial, handing the agency a victory after previous setbacks in making its case in court.
Digital information world
4h
Meta Confirms Facebook Will Switch To Views As Its Main Focus Metric
Meta confirms Facebook shifts to Views as a main focus, simplifying metrics for content performance evaluation.
2d
Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators
Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an ...
Yahoo
23h
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 ...
NBC New York
2d
Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
Meta
cut the price of its ad-free subscription versions of
Facebook
and
Instagram
by 40% for European Union users to ...
23h
Meta's data centers in Gallatin are up and running
"Gallatin has been such an ideal location for Meta," said Brad Davis, Meta's director of community and economic development, ...
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