2024-11-14 17:55:09
Business
Economy
Europe
EU's Record Fine on Meta for Antitrust Violations
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EURACTIV.com
EU Commission fines Meta €797.72 mln for Facebook Marketplace’s alleged antitrust breach
Economy
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TechCrunch
Meta slapped with a €798M fine in Europe, its biggest yet
Economy
Finance
Meta fined €797.72M in Europe over Facebook Marketplace antitrust violations, including unfair trading conditions and stifling new entrants in the thriving European online classifieds market; Meta claims Marketplace meets consumer demand in innovative ways, plans to appeal.
DER SPIEGEL
Meta - Violation of Antitrust Regulations: EU Commission Imposes Almost 800 Million Euro Fine on Meta - DER SPIEGEL
Economy
Finance
Technology
The EU Commission imposed a fine of 797.72 million euros on the Facebook parent company Meta due to violations of competition regulations. Meta unfairly linked its online classified ads service Facebook Marketplace to the social network. The company plans to appeal the decision, but will follow the instructions until the court ruling.
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