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Meta Fined $843 Million by EU

The Hill on MSN · 40m

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

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 · 2d

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.

EU slaps Meta with $841M fine for engaging in 'abusive' Marketplace practices

LONDON — European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty ...

3d

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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