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Facebook, Meta
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.
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.
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
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.
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Key Takeaways Meta is facing a new 797 million euro fine from European regulators, this time over its Facebook Marketplace service.The European Commission said Thursday that Meta tying Marketplace to Facebook gave the platform an unfair advantage over its European competitors.
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 $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 Facebook social network automatic access to classified ads service Facebook Marketplace.
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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 ...
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 ...
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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.
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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 ...
Digital information world
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Meta Fined $840M For Unfair Trading Conditions And Exposing Users To Marketplace
The fines for Meta in the EU keep coming in. The tech giant was just trying to reel from the accusations of having abusive ...
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