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Meta, Facebook
Meta hit with $840 million fine for linking Facebook and Marketplace
The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by the EU last year for transferring the Facebook data of EU citizens to the US.
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accuse the tech giant of using its popular social network to unfairly advantage its classified ads business.
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 fines Meta 797 mln euros over abusive practices benefiting Facebook Marketplace
The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
EU fines
Facebook
parent Meta nearly 800 million euros over 'abusive' Marketplace practices LONDON -- EU fines
Facebook
parent Meta nearly 800 million euros over 'abusive' Marketplace practices. 24/7 coverage of breaking
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Facebook Marketplace violations: EU imposes 800 million euro fine
For years, the EU Commission investigated whether Meta abusively favored the Facebook marketplace. The fine now imposed is meant to deter Meta financially.
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
EU Fines Meta $843 Million Over Marketplace Classified Ads
European Commission fines Facebook-owner Meta Platforms over allegations it illegally tied its Marketplace classified ads platform to its flagship social network, undermining competition.
Meta Fined €798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to its sprawling social network, the US tech giant’s first ever penalty for EU antitrust violations.
Meta fined nearly €800mn for breaking EU law over classified ads practices
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says
Meta slapped with a €798M fine in Europe, its biggest yet
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 Marketplace. The European Commission announced that it would fine it €797.
6d
Why are people blacking out their Facebook profile photos after Tuesday's election?
"Since the recent election, many have chosen this blacked-out profile as a form of protest against the election results," ...
2d
on MSN
Facebook and Instagram users in Europe can opt for less personalized ads
Facebook and Instagram users in Europe will get the option to see less personalized ads if they don’t want to pay for an ...
7d
on MSN
Supreme Court appears split in Facebook lawsuit tied to data breach
A group of Facebook investors sued in 2018, saying the social media giant gave misleading statements and omitted key ...
2d
on MSN
NYU survey of MTA job violence was posted publicly on Facebook — and trolls may have taken over: ‘Mischievous respondents’
It’s an academic train wreck. NYU researchers embarrassingly moved to retract a study about on-the-job violence MTA workers ...
3d
on MSN
Manufactured homes are surging in popularity — and you can order them on Amazon or Facebook
When Julie Johnson and her husband decided to purchase their own home, they turned to an unexpected place: Facebook ...
Yahoo
1d
Instagram and Facebook add choice for fewer targeted ads in Europe
Currently
Facebook
and Instagram users have to choose between a paying for an ad-free version or a free version with ...
4d
on MSN
Mark Zuckerberg isn't personally liable for any harm caused to children by Facebook and Instagram, judge says
Over two dozen lawsuits accuse Mark Zuckerberg's platforms of being dangerously addictive to children.
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