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EU Slaps Meta With €798 Million Fine
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.
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices. 24/7 coverage of breaking news and live events
Yahoo
15h
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 ...
Barron's
13h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
Among the 10 largest antitrust
fines
ever imposed by the 27-nation ... according to the
EU
. The commission opened formal ...
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