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EU Slaps Meta With €798 Million Fine

The New York Times · 7h

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.

Newsweek · 11h

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 Associated Press on MSN · 11h

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 Meta $840 Million For 'Abusive' Facebook Ad Practices

Meta must now stop this behaviour," the bloc's competition ... Among the 10 largest antitrust fines ever imposed by the ...

Channel NewsAsia Singapore1h

EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace

The European Union opened formal proceedings into possible anticompetitive conduct of Facebook in June, 2021, and in ...

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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