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EU Slaps Meta With €798 Million Fine
Meta hit with $840 million EU fine over antitrust concerns
The European Commission, the executive arm of the European Union, has hit Meta, the company that owns Facebook, Instagram, and Threads, with a fine worth $840 million for what it classifies as an antitrust violation.
EU fines Meta €797 million over antitrust breaches
The EU Commission fined tech giant Meta for practices favoring Facebook Marketplace that it said violated EU competition law.
EU fines Meta $840 million over abusive practices benefiting Facebook Marketplace
Meta said the Commission claimed that Marketplace had the potential to hinder the growth of large incumbent online marketplaces in the EU.
AOL
1d
3 Facts You Must Know About Meta Platforms Before Buying the Stock
Everyone knows
Meta
as the business that
owns
and operates some of the most popular social media platforms on the planet. But it's worth pointing out that the company generates virtually all of ...
18h
Meta's data centers in Gallatin are up and running
"Gallatin has been such an ideal location for Meta," said Brad Davis, Meta's director of community and economic development, ...
1d
FTC antitrust case against Meta can move to trial, court rules
A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal ...
1d
Meta to bring ads on Threads as it rushes to churn revenue amid growing user base
Starting in January, a select group of advertisers will be able to create and publish ads on Threads. However, Meta does not ...
The Associated Press - Business News on MSN
9d
South Korea fines Meta $15 million for illegally collecting information on Facebook users
It was the latest in a series of penalties against
Meta
by South Korean authorities in recent years as they increase their ...
American Banker
13d
CFPB threatens Meta with lawsuit over finance-related ad data
The company disclosed the potential for legal action 'in the near-term' by the bureau in a recent earnings disclosure.
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