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EU Slaps Meta With €798 Million Fine
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.
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.
Meta slapped with a €798M fine in Europe over anticompetitive Marketplace practices
Meta, the parent of Facebook, Instagram and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this time over abusive practices
Meta must face antitrust trial by FTC
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 that it bought Instagram and WhatsApp to crush emerging competition in social media,
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.
Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions
Facebook owner Meta Platforms must face trial in a Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media,
13h
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 ...
Barron's
6h
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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