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Meta, Facebook and european commission
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.
EU Fines Meta 798 Mn Euros For Facebook Ad Antitrust Breach
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.
EU fines Meta $842 million in a Facebook Marketplace antitrust case
The executive arm of the European Union isn’t shying away from slapping major tech companies with hefty fines. The European Commission has fined Meta €797.12 million ($842 million) for violating antitrust regulations.
EU fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
The bloc's executive arm says Facebook users are exposed to the platform's Marketplace service whether they want to be or not, resulting in antitrust violations.
Meta is making ads less personalised on Instagram and Facebook in the Europe
Meta is introducing a new ad option in Europe that allows Facebook and Instagram users to opt for less data tracking. This free option will show ads based on basic demographics and current browsing activity rather than extensive user history.
Meta reduces EU Facebook and Instagram subscription fees by 40%
Meta has reduced the price of its ad-free subscription versions of Facebook and Instagram by 40 per cent for European Union (EU) users. This has been done to comply with regulatory demands in the region,
10h
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 ...
11h
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. 24/7 coverage of breaking news ...
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 ...
9h
on MSN
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 it calls ...
6h
on MSN
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 ...
3h
EU issues €797M antitrust fine to Meta over Facebook Marketplace
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European ...
11h
on MSN
EU fines Meta £660m for competition rule breaches over Facebook Marketplace
The European Commission said Meta had acted illegally in tying the Marketplace to the social network arm of the platform.
Barron's
6h
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 ...
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