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EU slaps Meta with a nearly 800 million euro fine
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.
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 Meta over $840 million for ‘abusive practices’ favoring Facebook Marketplace
Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to market domination after three years of legal proceedings. The
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.
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.
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
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.
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 $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,
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
13h
on MSN
Texas man, 66, shot to death while selling cellphone on Facebook Marketplace: police
Texas resident Ahmad Alkhalaf was shot and killed on Nov. 8 while trying to sell an iPhone 15 he listed on Facebook ...
1d
on MSN
What to know about Facebook Marketplace’s safety tips for selling, buying items online
Because the site is so accessible, users are often meeting and interacting with strangers to complete transactions. Here are ...
shorenewsnetwork
20h
Man Barricades Himself in Barricade at Stafford Marketplace After Assaulting TJ Maxx Shopper
Incident at Stafford Market Place Leads to Arrest **Stafford, VA** – A 27-year-old man from Woodbridge was arrested following ...
Zawya
1h
QIB welcomes Porsche to the auto marketplace to enhance car buying experience
This cutting-edge platform, integrated with the QIB Mobile App, revolutionizes the car buying process by digitally connecting ...
1d
DA's office seeks addition information in Marketplace shooting
A request for charges against the suspect in a shooting Sunday at The Marketplace that left a 15-year-old boy dead was sent back to t Police Department earlier this week after the Kern County District ...
4d
on MSN
BPD Chief Terry speaks about fatal Marketplace shooting, BPD Community Crime Dashboard
Bakersfield Police Chief, Greg Terry, joined 17 News at Sunrise to discuss several issues around town. What began as a ...
5d
on MSN
Teen killed after shooting at The Marketplace identified, suspect surrenders
The Kern County Coroner’s Office has identified the teen shot and killed at The Marketplace as 15-year-old Prince Michael ...
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