The European Commission, the executive arm of the European Union, has hit Meta, with a fine worth $840 million for what it classifies as an antitrust violation.
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European ...
The European Union has fined Meta Platforms $840 million regarding what it called abusive practices benefitting Facebook ...
European Union regulators have charged Meta with giving itself an unfair advantage by bundling Marketplace into Facebook’s wider social network. Meta has vowed to appeal the ruling. Eva Galperin talks ...
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.
Meta faces a €800m fine from the EU for unfairly linking Facebook Marketplace to its social network, marking the latest ...