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Meta Fined €797M by EU
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.
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.
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.
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How The Meta-Reuters Deal Signals A New Era For AI And Media
This year has increasingly polarized the media industry into two camps — the AI bedfellows and adversaries — shaped by the ...
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on MSN
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims ...
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Meta to introduce ads on Threads in early 2025, the Information reports
Meta Platforms plans to introduce advertisements to its social media app Threads early next year, the Information reported on ...
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Meta Will Get Its Unwanted Day in Antitrust Court
A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were ...
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on MSN
Meta to face FTC trial over Instagram and WhatsApp acquisitions - Reuters
According to a Reuters report, a Washington judge ruled Wednesday that Meta (NASDAQ:META) must face trial in a lawsuit ...
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Meta to offer less personalized ads in Europe to appease regulators
Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech ...
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