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Facebook, Meta
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.
Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
Meta is in hot water in Europe once again. The European Competition Commission issued the Facebook and Instagram parent company with a fine on Thursday to the tune of 798 million euros ($843 million) over "abusive practices.
EU Fines Meta Nearly €800 Million for Facebook Marketplace Practices and Advertising Data Violations
The European Commission has fined Meta €797.72 million after saying the tech giant's Marketplace held an unfair advantage.
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.
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads business.
European Commission Fines Meta for Serving Consumers
If advertisers don’t want to give data to Facebook Marketplace, they shouldn’t advertise on Facebook.
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other classified marketplace providers in Europe caused by attaching its Marketplace product to Facebook,
Meta fined €798m over 'unfair' Facebook Marketplace
The European Union says the tech giant crowded out rivals, breaching 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.
EU fines Meta €797M over Facebook Marketplace’s anti-competitive advertisement model
The European Commission fined Meta $797.72 million euro on Wednesday for abusing its dominant position and breaching EU Antitrust rules. The EU opened these proceedings against Meta in 2021 for the
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 they call “abusive practices” involving its Marketplace online classified ads business.
1h
on MSN
Judge tosses Huckabee lawsuit against Meta over ads suggesting he endorsed marijuana gummies
A federal judge in Delaware has dismissed a lawsuit filed by former Arkansas Gov. Mike Huckabee against social media giant ...
2h
Facebook Data Breach Fallout—Millions May Receive Compensation
This ruling represents a seismic shift in how tech companies may be held accountable for data protection failures.
techtimes
5h
Facebook Hit With Court Ruling: German Users to Get Cash for 2018-2019 Data Breach
A German court ruled Facebook must compensate users whose data was hacked in 2018-2019, even without proof of financial loss.
8h
Meta Loses German Court Fight Over Global Data Leak in 2021
Meta Platforms Inc. risks being on the hook for compensation claims from thousands of German users after it lost a top court ...
7h
on MSN
Meta brings certain AI features to Ray-Ban Meta glasses in Europe
Meta is bringing certain AI features to its Meta Ray-Ban AR glasses in France, Italy, and Spain after a brief delay.
1d
Meta in the hot seat: Trial looms over Instagram, WhatsApp buys
Meta will be going to trial to defend itself in a years-long antitrust case being levied by the Federal Trade Commission over ...
5d
Inside Facebook's strategy to take on dating apps like Tinder and Bumble
Facebook Dating reported 20% year-over-year growth in users. Here's what it's doing to attract users from competitors.
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