EU slaps Meta with a nearly 800 million euro fine for engaging in ...
14 hours ago · European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business. ... Keep your pulse on the news with breaking news alerts from The AP. ... automatically exposing Facebook users to Marketplace “whether they ...
Europe fines Meta $840 million over practices benefiting Facebook ...
11 hours ago · The EU decision argues that Meta imposes Facebook Marketplace on people who use Facebook in an illegal “tie” but Meta said that argument ignores the fact that Facebook users can choose whether ...
Meta hit with $840 million fine for linking Facebook and Marketplace
13 hours ago · 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. “We will appeal the decision,” Meta announced in ...
Our Response to the European Commission’s Decision on Facebook Marketplace
14 hours ago · The European Commission’s decision claims that Meta imposes Facebook Marketplace on people who use Facebook in an illegal “tie.”. But that argument ignores the fact that Facebook users can choose whether or not to engage with Marketplace, and many don’t. The reality is that people use Facebook Marketplace because they want to, not ...
Meta hit with $840 million EU fine for Facebook Marketplace ads ...
14 hours ago · The EU fined the company 797.72 million euros ($840 million), a sum the commission said took into account the “duration and gravity of the infringement”, as well as the turnover of Meta and ...
Meta Fined €798 Million by EU Over Abusing Classified Ads …
14 hours ago · November 14, 2024 at 5:30 AM PST. Translate. Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to its ...
Meta Fined $840 Million in Europe for Boosting Marketplace …
14 hours ago · Ian C. Bates for The New York Times. The European Union fined Meta roughly $840 million on Thursday for breaking competition laws with Facebook Marketplace, its shopping and classified ads ...
EU fines Meta €800 million for breaking law with Marketplace
13 hours ago · Text settings. Meta has been fined nearly €800 million by Brussels after regulators accused Facebook’s parent company of stifling competition by “tying” its free Marketplace services with ...
EU fines Meta $800 million for abusive practices on Facebook ...
13 hours ago · E.U. fines Meta $840 million for abusive practices on Facebook Marketplace. European enforcers accuse the tech giant of using its popular social network to unfairly advantage its classified ads ...
EU fines Meta $842 million in a Facebook Marketplace
12 hours ago · Reuters / Reuters. The executive arm of the European Union isn’t shying away from slapping major tech companies with hefty fines. The European Commission has fined Meta €797.12 million ($842 ...