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Facebook, Meta
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.
Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
Meta is in hot water in Europe once again. The European Competition Commission issued the Facebook and Instagram parent company with a fine on Thursday to the tune of 798 million euros ($843 million) over "abusive practices.
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.
Barron's
6h
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 ...
Channel NewsAsia Singapore
33m
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
BRUSSELS :The European Commission on Thursday fined
Meta
Platforms €797.72 million ($840.24 million) over abusive practices ...
1d
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 ...
1d
Inside Facebook's strategy to take on dating apps like Tinder and Bumble
Facebook Dating reported 20% year-over-year growth in users. Here's what it's doing to attract users from competitors.
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 ...
1d
Meta Platforms Is Making AI Waves. ValueAct Bets $1 Billion.
ValueAct Capital has amassed a $1 billion stake in Facebook and Instagram parent Meta Platforms a validation of the tech ...
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