On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal ...
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social ...
The European Commission says Facebook's parent company is undermining its rivals by embedding its classified ads platform ...
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls ...
"Gallatin has been such an ideal location for Meta," said Brad Davis, Meta's director of community and economic development, ...
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European ...
Ad revenue reached $39.9 billion, increasing 19% YoY, boosted by AI-driven ad targeting and improved ad impressions.
The European Commission said the company tied its classified-ads platform to its flagship social network, undermining ...
Meta said in a statement that the decision fails to prove any ‘competitive harm’ to rivals or consumers and vowed to appeal.
The fine is the latest in a string of hefty penalties the commission, the regulator for the 27-nation European Union, has ...
The Commission also raised concerns about Meta’s terms of service, which, they argued, allowed the company to use ad-related ...
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads ...