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Meta, Facebook and European Commission
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 Hits Meta With a €798 Million Fine for Anti-competitive Practices in Facebook Marketplace
The EU has handed Meta a €798 million fine for allegedly tying Facebook Marketplace with Facebook, giving it an undue advantage.
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 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.
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.
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.
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.
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 Facebook owner Meta $840 million over abusive practices
STORY: The EU hit Facebook owner Meta with a huge fine on Thursday (November 14) for breaching antitrust rules. The tech giant must pay just over $840 million for abusive practices that benefited its online classified ads service Facebook Marketplace.
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
1h
Meta Loses German Court Fight Over Global Data Leak in 2021
Meta Platforms Inc. risks being on the hook for compensation claims from thousands of German users after it lost a top court ...
Yahoo
4d
Facebook's parent company, Meta, facing courtroom battle
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses
Meta
of creating an illegal ...
BBC on MSN
4d
Meta fined €798m over 'unfair' Facebook Marketplace
Meta
has been fined €798m (£664m) for breaking competition law by embedding
Facebook
Marketplace within its social ...
2h
Facebook users affected by data breach eligible for compensation, German court says
A German court said on Monday that Facebook users whose data was illegally obtained in 2018 and 2019 were eligible for ...
49m
Meta brings certain AI features to Ray-Ban Meta glasses in
Meta is bringing certain AI features to its Meta Ray-Ban AR glasses in France, Italy, and Spain after a brief delay.
2d
on MSN
What the Tech: Meta is making it easier to reclaim your accounts, using your face
Meta’s current account recovery process can be cumbersome and often unsuccessful. Meta’s new solution involves taking a video ...
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