meta antitrust news - Search News

EU Slaps Meta With €798 Million Fine

Washington Examiner on MSN · 4h

Meta hit with $840 million EU fine over antitrust concerns

The European Commission, the executive arm of the European Union, has hit Meta, the company that owns Facebook, Instagram, and Threads, with a fine worth $840 million for what it classifies as an antitrust violation.

SiliconANGLE · 1h

EU issues €797M antitrust fine to Meta over Facebook Marketplace

Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European Commission, the EU’s executive arm, launched a probe into the service in 2021 over concerns it may harm competition. Today’s fine is the culmination of that probe.

EU Fines Meta 798 Mn Euros For Facebook Ad Antitrust Breach

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 Marketplace.

Meta must face antitrust trial by FTC

Antitrust lawsuit against Meta heads to trial in effort to break up social media giant

An antitrust case aimed at breaking up social media giant Meta is heading to trial. That's after a federal judge partly denied a request for summary judgment from the parent company of Facebook. The Federal Trade Commission alleges Meta overpaid for Instagram in 2012 and WhatsApp in 2014 to stifle competition.

ABC Columbia · 22m

Meta anti-trust lawsuit goes to trial

(CNN)– An antitrust case aimed at breaking up social media giant Meta is heading to trial. That is after a federal judge partly denied a request for summary judgment on Wednesday, Nov. 14, from the parent company of Facebook. The Federal Trade Commission alleges Meta overpaid for Instagram in 2012, and WhatsApp in 2014 to stifle competition.

Meta Will Get Its Unwanted Day in Antitrust Court

A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were anticompetitive should proceed to a jury trial.

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Meta will face antitrust trial over Instagram, WhatsApp acquisitions

Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims ...

EU slaps Meta with $841M fine for engaging in 'abusive' Marketplace practices

LONDON — European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty ...

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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