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EU slaps Meta with a nearly 800 million euro fine
Meta Fined $843 Million by EU Over Marketplace Ads
Meta Platforms said it would appeal an $843 million European Commission fine for allegedly tying its classified-ads platform to Facebook, undermining competition.The commission on Thursday fined the Facebook owner 797.
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 “abusive practices” involving its Marketplace online classified ads business.
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 and live events
EU Fines Meta $843 Million Over Marketplace Classified Ads
European Commission fines Facebook-owner Meta Platforms over allegations it illegally tied its Marketplace classified ads platform to its flagship social network, undermining competition.
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 Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.
Meta fined nearly €800mn for breaking EU law over classified ads practices
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says
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 its sprawling social network, the US tech giant’s first ever penalty for EU antitrust violations.
EU fines Meta €797 million over antitrust breaches
The EU Commission fined tech giant Meta for practices favoring Facebook Marketplace that it said violated EU competition law.
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.
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.
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media,
Hosted on MSN
1h
EU fines Facebook owner Meta $840 million over abusive practices
The European Commission on Thursday fined
Meta
€797 million, or $840.24 million, over abusive practices benefiting Facebook ...
13d
Facebook owner Meta warns of worsening AI losses after sales narrowly beat forecast
Its Reality Labs unit posted a US$4.4 billion (S$5.8 billion) operating loss in the quarter. Read more at straitstimes.com.
6d
Suit Against Meta, Using a Tech Shield Law, Is Dismissed
A professor sued pre-emptively to release software that would let users automatically unfollow everyone in their Facebook ...
Opinion
2d
on MSN
Opinion
Donald Trump's Victory Could Mean Greater Diversity of Online Voices | Opinion
When President-Elect Donald Trump enters the White House for his second term, significant transformations are poised to occur ...
9d
Meta struggles to curb hate speech before US vote: researchers
Meta
- the
owner
of Facebook and Instagram - is struggling to fully contain and address hate speech ahead of the U.S.
datacenterfrontier.com
3d
Data Center Nuclear Power Update: Microsoft, Constellation, AWS, Talen, Meta
Microsoft is making good progress on its PPA with Constellation to reopen Three Mile Island, but it's not all smooth sailing ...
1d
on MSN
Meta to face U.S. antitrust trial over Instagram, WhatsApp acquisitions
Meta, then known as Facebook, overpaid for Instagram in 2012 and WhatsApp in 2014 to eliminate nascent threats instead of ...
1d
Instagram and Facebook add choice for fewer targeted ads in Europe
Facebook and Instagram are giving users in Europe the new option to use the social media platforms with less personalized ...
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