The European Commission has fined Meta €797.72 million after saying the tech giant's Marketplace held an unfair advantage.
The EU has handed Meta a €798 million fine for allegedly tying Facebook Marketplace with Facebook, giving it an undue ...
Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other classified marketplace providers in Europe caused by attaching its Marketplace ...
Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to ...
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads ...
The European Commission said Meta had acted illegally in tying the Marketplace to the social network arm of the platform.
Buying and selling things, whether in person or online, is difficult enough as it is. But when you add yet another dimension ...
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European ...
Meta was penalized by the EU for tying Facebook Marketplace to its social network, and for imposing unfair trading conditions on competitors.
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls ...