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Meta fined €798m by EU

Newsweek · 13h

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 · 9h

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.

Why Did EU Hit Meta With $841 Million Fine?

The EU has fined Meta $841 million for abusing its dominant position in the online classifieds market, accusing the company of unfair practices that hurt competitors and consumers.

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 ...

EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices

Meta must now stop this behaviour," the bloc's competition ... Among the 10 largest antitrust fines ever imposed by the ...

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 ...

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