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EU slaps Meta with a nearly 800 million euro fine
EU fines Meta over $840 million for ‘abusive practices’ favoring Facebook Marketplace
Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to market domination after three years of legal proceedings. The
Meta slapped with a €798M fine in Europe over anticompetitive Marketplace practices
Meta, the parent of Facebook, Instagram, and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this time over abusive practices
Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
The European Commission says Facebook's parent company is undermining its rivals by embedding its classified ads platform within the social network.
EU Fines Meta Nearly €800 Million for Facebook Marketplace Practices and Advertising Data Violations
The European Commission has fined Meta €797.72 million after saying the tech giant's Marketplace held an unfair advantage.
Meta Fined €797M by EU for Antitrust Violations, Facebook Marketplace Under Fire
Meta's dominance in the EU's social media and online advertising markets has raised significant competition concerns, with Brussels concluding that Meta leverages its user data fr
EU fines Meta $840 million over abusive practices benefiting Facebook Marketplace
Meta said the Commission claimed that Marketplace had the potential to hinder the growth of large incumbent online marketplaces in the EU.
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads business.
EU fines Meta €797M over Facebook Marketplace’s anti-competitive advertisement model
The European Commission fined Meta $797.72 million euro on Wednesday for abusing its dominant position and breaching EU Antitrust rules. The EU opened these proceedings against Meta in 2021 for the
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 they call “abusive practices” involving its Marketplace online classified ads business.
Rolling Out
1h
Facebook makes bold shift to ‘views’ as its primary metric
After Instagram announced that it was switching to “views” as its primary metric back in August, Meta has now announced that ...
3d
on MSN
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 ...
4d
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 ...
NBC New York
4d
Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
Meta
cut the price of its ad-free subscription versions of
Facebook
and
Instagram
by 40% for European Union users to ...
1d
on MSN
Meta Platforms (META): Instagram’s New AI Feature Amid Legal Battles
We recently published a list of 15 Trending AI Stocks on Latest News and Analyst Ratings. In this article, we are going to ...
2d
Meta's data centers in Gallatin are up and running
"Gallatin has been such an ideal location for Meta," said Brad Davis, Meta's director of community and economic development, ...
1d
Meta says Views to become primary metric on Facebook
Meta Platforms ’ Facebook said Thursday that creators will now have a single distribution metric for all content types that’s calculated the same way across Facebook and Insta ...
11h
on MSN
Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here’s how
Artificial intelligence is a powerful tool in Meta Platforms' arsenal, and if it's optimized, it can contribute to earnings ...
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