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EU slaps Meta with nearly 800M euro fine
Meta slapped with a €798M fine in Europe over anticompetitive Marketplace practices
Meta, the parent of Facebook, Instagram and WhatsApp, has been hit with yet another huge fine in Europe, this time over abusive practices in Facebook
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 slaps Meta with a nearly 800 million euro fine for engaging in ‘abusive’ Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business.
CNN
14m
Europe fines Meta $840 million over ‘abusive’ practices benefiting Facebook Marketplace
The European Union has fined
Meta
Platforms €798 million ($840 million) over what it called abusive practices benefiting Facebook Marketplace. “The European Commission has fined
Meta
… for ...
Wall Street Journal
2h
Meta Fined $843 Million by EU Over Marketplace Ads
Facebook owner
Meta
META
-0.82%decrease; red down pointing triangle Platforms was fined 797.72 million euros, equivalent ...
1d
on MSN
Meta to offer less personalized ads in Europe to appease regulators
Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech ...
13h
Meta Offers Less Personalised Ads for EU Users to Appease Regulators
Personalised advertising boosts revenue for companies, Meta said in a press release. It referenced an in-house study showing ...
1d
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 ...
3d
on MSN
Meta taps US, UK universities to test VR in education, creates digital twin ‘metaversities’ in Europe
Meta has launched a new partnership with a slew of universities in the U.S. and U.K., as it looks to ingrain VR across the ...
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