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EU, Meta
Meta Fined €798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service the social network, the US tech giant’s first ever penalty for EU antitrust violations.
Europe fines Meta $840 million over ‘abusive’ practices benefiting Facebook Marketplace
The European Union has fined Meta Platforms €798 million ($840 million) over what it called abusive practices benefiting Facebook Marketplace.
Meta Fined $843 Million by EU Over Marketplace Ads
Meta Platforms said it would appeal an $843 million European Commission fine for allegedly tying its classified-ads platform to Facebook, undermining competition.The commission on Thursday fined the Facebook owner 797.
EU fines Meta 797 million 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.
Meta Hit with €800M EU Fine for Facebook Marketplace Push
Meta Platforms Inc., the company behind Facebook and Instagram, has been fined €797.72 million by the European Commission for anti-competitive practices linked to its integration of Facebook Marketplace.
Meta Faces Massive EU Fine Over Facebook Marketplace
The European Commission has fined Meta Platforms €797.72 million for engaging in abusive practices with Facebook Marketplace. Meta plans to appeal, arguing that the EU has presented no evidence of harm to competitors or consumers,
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
EU Fines Meta $843 Million Over Marketplace Classified Ads
European Commission fines Facebook-owner Meta Platforms over allegations it illegally tied its Marketplace classified ads platform to its flagship social network, undermining competition.
Meta fined nearly €800mn for breaking EU law over classified ads practices
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says
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 they call “abusive practices” involving its Marketplace online classified ads business.
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.
Meta must face antitrust trial by FTC
Meta Must Face Trial After Judge Pares Some FTC Claims
Meta
Platforms
Inc. will face a somewhat scaled-back antitrust trial over its alleged dominance of social networking after a federal judge threw out some allegations by the US Federal Trade Commission, but the heart of the case remains. In a 92-page order ...
Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions
A judge largely denied Meta’s motion to end the case filed against Facebook in 2020 alleging that the company acted illegally to maintain its social network monopoly.
Meta must face FTC trial that could separate Instagram and WhatsApp
In a statement to The Verge, Meta spokesperson Christopher Sgro said the company is “confident” the trial will show its acquisitions of Instagram and WhatsApp were “good”
2h
Meta's data centers in Gallatin are up and running
"Gallatin has been such an ideal location for Meta," said Brad Davis, Meta's director of community and economic development, ...
1d
Meta Platforms Is Making AI Waves. ValueAct Bets $1 Billion.
ValueAct Capital has amassed a $1 billion stake in Facebook and Instagram parent Meta Platforms a validation of the tech ...
Forbes
5h
How The Meta-Reuters Deal Signals A New Era For AI And Media
technology in global digital content. Social media enthusiasts can now access real-time, trustworthy
news
through their ...
20h
on MSN
Is Meta Platforms, Inc. (META) Best Virtual Reality Stock To Buy Now?
We recently published a list of 10 Best Virtual Reality Stocks To Buy Now. In this article, we are going to take a look at ...
9h
Mark Zuckerberg's Meta Eyes 2025 To Introduce Ads On Threads As Elon Musk's X Loses Favor With Major Brands: Report
Meta plans to launch ads on its Threads platform in early 2024, aiming to capitalize on brand dissatisfaction with Elon Musk's X while addressing monetization strategies.
1d
Meta Platforms: Strong Momentum To Continue Into 2025
Meta's AI investments drive business growth and monetization, expanding its market with generative AI tools and efficiency ...
Yahoo Finance
23h
Meta Platforms, Inc. (META) Unveils FBDetect, Advanced AI System for Performance Monitoring Across Millions of Servers
We recently compiled a list of the 14 AI
News
You Should Pay Attention To. In this article, we are going to take a look at ...
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