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EU slaps Meta with a nearly 800 million euro fine

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 Associated Press on MSN · 13h

EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices

European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty of nearly 800 million euros for what they call “abusive practices” involving its Marketplace online classified ads business.

USA Today · 4h

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.

Exchange 4 Media20m

EU hits Meta with $840 million fine over ‘abusive practices’ in FB Marketplace

The case underscores the importance of fair competition in digital markets, particularly as Meta and other tech giants expand globally. With EU regulators leading the charge, Indian advertisers ...

Barron's8h

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 ...

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EU slaps Meta with a nearly 800 million euro fine

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