Meta fined €798m over 'unfair' Facebook Marketplace - BBC News
3 days ago · 14 November 2024. Meta has been fined €798m (£664m) for breaking competition law by embedding Facebook Marketplace within its social network. The European Commission said this meant alternative ...
EU fines Meta €797M over Facebook Marketplace's anti …
1 day ago · The European Commission fined Meta $797.72 million euro on Wednesday for abusing its dominant position and breaching EU Antitrust rules. The EU opened these proceedings against Meta in 2021 for the anti-competitive advertising model adopted in the operation of Facebook Marketplace.. Meta, formerly known as Facebook Inc., owns several social media platforms including Facebook, Instagram, and ...
EU slaps Meta with a nearly 800 million euro fine for engaging in ...
2 days ago · European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business. ... dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats ...
Europe fines Meta $840 million over practices benefiting Facebook ...
2 days ago · The European Union has fined Meta Platforms €798 million ($840 million) over what it called abusive practices benefiting Facebook Marketplace.
Our Response to the European Commission’s Decision on Facebook Marketplace
2 days ago · The European Commission’s decision claims that Meta imposes Facebook Marketplace on people who use Facebook in an illegal “tie.”. But that argument ignores the fact that Facebook users can choose whether or not to engage with Marketplace, and many don’t. The reality is that people use Facebook Marketplace because they want to, not ...
Meta hit with $840 million fine for linking Facebook and Marketplace
2 days ago · The European Union has fined Meta €797.7 million (around $840 million) for breaching antitrust rules by tying Facebook to its classified ads service Marketplace.
Meta Fined $840 Million in Europe for Boosting Marketplace …
2 days ago · Nov. 14, 2024. The European Union fined Meta roughly $840 million on Thursday for breaking competition laws with Facebook Marketplace, its shopping and classified ads platform, the latest action ...
EU Slaps Meta With a Nearly 800 Million Euro Fine for Engaging in ...
2 days ago · LONDON (AP) — 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 ...
Meta hit with $840 million EU fine for 'abusive' Facebook Marketplace ...
2 days ago · 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 ...
Meta Fined €798 Million by EU Over Abusing Classified Ads …
2 days ago · 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 ...