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.
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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 ...
Meta Lobbyist Turned EU Regulator Says Big Tech Rules Have Gone Too Far
Aura Salla was once the tech giant’s top lobbyist in Brussels. Now, her presence as a regulator in the European Parliament is proving controversial.
EU Fines Meta over Facebook Marketplace Monopoly
The European Union has fined Facebook’s parent company Meta over $840 million for violating antitrust laws through its ...
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Airbus CEO claims SpaceX would fail Europe’s antitrust test
Antitrust regulations would have kept the Elon Musk reusable satellite-launching SpaceX rocket system more earth-bound had it ...
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EU fines Facebook over Marketplace’s antitrust breach
The European Commission fined Facebook’s parent company Meta for almost €800 million for breaching antitrust regulation on ...
Meta Fined EUR 798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million or roughly Rs. 7,100 crore) fine by European Union regulators ...
Meta Fined $840 Million For Tying Facebook Marketplace To Platform
The European Commission has fined Meta Platforms over $840 million for antitrust violations linked to its Facebook Marketplace. The Commission has accused Meta of breaching EU competition laws by ...