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EU Slaps Meta With €798 Million Fine

USA Today · 10h

EU fines Facebook owner Meta $840 million over abusive practices

STORY: The EU hit Facebook owner Meta with a huge fine on Thursday (November 14) for breaching antitrust rules. The tech giant must pay just over $840 million for abusive practices that benefited its online classified ads service Facebook Marketplace.

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.

The Register on MSN · 2h

EU stings Meta for nearly a billion bucks over competition-trampling Facebook Marketplace

Mark Z does not like this The European Union has fined Facebook parent Meta €797.72 million ($843 million) for antitrust violations connected to its online classified service Facebook Marketplace. … The European Commission levied the punishment after years of investigations into the tying of Marketplace to Facebook accounts and unfair trading conditions on competing online classified ad services.

EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors

Meta is facing a new 797 million euro fine from European regulators, this time over its Facebook Marketplace service. The ...

EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices

The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...

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