Meta Platforms (META) has been fined 797.72 million euros ($843.31 million) by European regulators who accused the company of harming other classified marketplace providers in Europe by attaching its
The European Commission says the Facebook parent company is undermining rivals by embedding its classified ads platform within the social network.
Meta Platforms Inc (NASDAQ: META) is in focus after the European Commission fined it a staggering €797.72 million ($840.24 million) over anti-competitive practices related to the Facebook Marketplac
Meta said Thursday (Nov. 14) that it will appeal the European Commission's (EC) decision in a case alleging practices involving Facebook and Facebook Marketplace that cause competitive harm. The EC
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Mar
Stock splits and AI -- a match made in heaven. Who's next?
The Facebook owner said it would appeal the fine imposed by the EU's antitrust watchdog for allegations it illegally tied its Marketplace classified ads platform to its flagship social network.
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.
On Thursday, the European Commission fined Meta almost 798 million euros (about $840 million). It said Meta linked Facebook Marketplace to its social network and imposed unfair conditions on rivals.
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 tha
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 repor
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Report: Meta Plans to Add Advertising to Threads

05:57pm, Wednesday, 13'th Nov 2024
Meta reportedly plans to add advertising to its social media platform, Threads. The company's Instagram ad unit is spearheading the initiative, and a small number of advertisers will be allowed to pub
A judge reportedly ruled Wednesday (Nov. 13) that a Federal Trade Commission (FTC) lawsuit against Meta can go to trial, largely denying the company's motion to have the case dismissed.
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