EU slaps Meta with a nearly 800 million euro fine

Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
The European Commission says the Facebook parent company is undermining rivals by embedding its classified ads platform within the social network.
Meta hit with $840 million fine for linking Facebook and Marketplace
The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by the EU last year for transferring the Facebook data of EU citizens to the US.
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.
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 the social network, the US tech giant’s first ever penalty for EU antitrust violations.
Europe fines Meta almost $840 million for linking Marketplace to Facebook
Meta was penalized by the EU for tying Facebook Marketplace to its social network, and for imposing unfair trading conditions on competitors.
E.U. fines Meta $840 million for abusive practices on Facebook Marketplace
European enforcers accuse the tech giant of using its popular social network to unfairly advantage its classified ads business.
Meta slapped with a €798M fine in Europe, its biggest yet
Meta, the parent of Facebook, Instagram and WhatsApp, has been hit with yet another huge fine in Europe, this time over abusive practices in Facebook Marketplace. The European Commission announced that it would fine it €797.
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
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.
EU slaps Meta with nearly 800M euro fine for '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 $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.

Meta to introduce ads on Threads

Newsweek1h
EU Fines Meta $840 Million Over Classified Ads Business
The European Union hit Meta, the parent company of Facebook, with a $840 million fine this week over its classified ...
AI Powers Meta’s Strong Q3 Growth: Profits Soar
Ad revenue reached $39.9 billion, increasing 19% YoY, boosted by AI-driven ad targeting and improved ad impressions.
Barron's1h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...
Ray-Ban Meta smart glasses too expensive? Cheaper rivals could be coming soon
There’s no precise word on how much they’ll cost when they launch, but Xiaomi is known for producing more affordable tech ...
Forbes5h
How The Meta-Reuters Deal Signals A New Era For AI And Media
technology in global digital content. Social media enthusiasts can now access real-time, trustworthy news through their ...
TikTok, X, Meta exposed to terrorist content: Irish regulator
The online platforms now have three months to report back about the measures they took to take down illegal content. View on ...
Meta Offers Less Personalised Ads for EU Users to Appease Regulators
Facebook and Instagram users in the E.U. can now opt to see less personalised adverts when using the apps. Meta has launched a new app option to appease regulators investigating breaches of the ...