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 ...
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads ...
"The European Commission has fined Meta ... for breaching EU antitrust ... find any evidence of harm to competitors. Companies risk fines of as much as 10% of their global turnover for EU ...
Meta’s fine comes at a period of political transition both in the EU and the US. Brussels officials have been aggressive both in their rhetoric and their antitrust probes against Big Tech giants ...
Meta, the parent of Facebook, Instagram, and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this ...
The European Commission has fined Meta 797.72 million ... Commission in charge of competition policy, said: “Today we fine Meta 797.72 million euros for abusing its dominant positions in the ...
European regulators are seeking more information from Alphabet's Google about an alleged secret advertising partnership the search giant had with Instagram parent Meta Platforms.
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
The fine is the latest in a string of hefty penalties ... that carry massive financial penalties in the event of infringements. In July the EU accused Meta of breaching the digital rules with ...