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Meta Fined $843 Million by EU
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.
Meta Fined $843 Million by EU Over Marketplace Ads Platform
The European Commission fined the company over allegations that it tied its classified-ads platform to its flagship social network.
EU issues €797M antitrust fine to Meta over Facebook Marketplace
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European Commission, the EU’s executive arm, launched a probe into the service in 2021 over concerns it may harm competition. Today’s fine is the culmination of that probe.
18h
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Meta Platforms, Inc. (META): Faces New Competition in AI Smart Glasses from Xiaomi and Baidu
We recently compiled a list of the 15 AI Stocks That Are Dominating Headlines. In this article, we are going to take a look ...
5d
Meta Unveils Less-Tailored Ads to Allay EU’s Worries
Meta Platforms Inc. is rolling back ad targeting for European users in a bid to address European Union concerns over the ...
3d
EU fines Meta €800 million: is Trump’s election victory sparking trade tensions?
The European Commission fined Meta a staggering €797.72 million today. Was it a show of EU's retaliation against the expected ...
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