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Meta fined €798m by EU

Newsweek · 18h

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.

The New York Times · 15h

Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly

Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.

The Register on MSN · 2h

EU stings Meta for nearly a billion bucks over competition-trampling Facebook Marketplace

Mark Z does not like this The European Union has fined Facebook parent Meta €797.72 million ($843 million) for antitrust violations connected to its online classified service Facebook Marketplace. … The European Commission levied the punishment after years of investigations into the tying of Marketplace to Facebook accounts and unfair trading conditions on competing online classified ad services.

16h

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 ...

2d

Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators

Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an ...

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