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Meta, European Union

EU Fines Meta $840 Million Over Classified Ads Business

An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.

Bloomberg on MSN · 2d

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 the social network, the US tech giant’s first ever penalty for EU antitrust violations.

Investopedia on MSN · 2d

EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors

Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other classified marketplace providers in Europe caused by attaching its Marketplace product to Facebook,

4d

Meta Unveils Less-Tailored Ads to Allay EU’s Worries

Meta Platforms Inc. is rolling back ad targeting for European users in a bid to address European Union concerns over the ...

2d

EU fines Meta €800 million: is Trump’s election victory sparking trade tensions?

The European Commission fined Meta a staggering €797.72 million today. Was it a show of EU's retaliation against the expected ...

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