Europe fines Meta $840 million over practices benefiting Facebook …
11 hours ago · Meta's headquarters in Menlo Park, California, seen in February 2023. The European Union has fined Meta Platforms €798 million ($840 million) over what it called abusive practices benefiting Facebook Marketplace. “The European Commission has fined Meta … for breaching EU antitrust rules by tying its online classified ads service Facebook ...
EU slaps Meta with a nearly 800 million euro fine for engaging in ...
14 hours ago · The company said the Commission’s case ignores the fact that Facebook users can choose to ”engage with Marketplace, and many don’t.” It said online marketplaces, including global sites like eBay, Europe-wide platforms like Vinted, …
Meta hit with $840 million fine for linking Facebook and Marketplace
12 hours ago · Meta hit with $840 million fine for linking Facebook and Marketplace / The EU says Meta imposed unfair trading conditions on other classified ads providers while putting Marketplace in front of ...
Meta Fined $840 Million in Europe for Boosting Marketplace …
13 hours ago · 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 by regulators ...
Our Response to the European Commission’s Decision on Facebook Marketplace
14 hours 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 Fined €798 Million by EU Over Abusing Classified Ads …
14 hours 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 ...
EU fines Meta $800 million for abusive practices on Facebook ...
12 hours ago · The European Commission fined Meta $840 million Thursday over allegations that it unlawfully used its signature social media platform to power its classified ads service, Facebook Marketplace. The ...
Meta hit with $840 million EU fine for Facebook Marketplace ads ...
13 hours 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 €798m over 'unfair' Facebook Marketplace - BBC
1 day ago · 2 minutes ago. 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 €800 million for breaking law with Marketplace
13 hours ago · Text settings. Meta has been fined nearly €800 million by Brussels after regulators accused Facebook’s parent company of stifling competition by “tying” its free Marketplace services with ...