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EU Slaps Meta With €798 Million Fine

TechCrunch · 5h

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

The New York Times · 6h

Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly

Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.

Investopedia on MSN · 7h

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

Key Takeaways Meta is facing a new 797 million euro fine from European regulators, this time over its Facebook Marketplace service.The European Commission said Thursday that Meta tying Marketplace to Facebook gave the platform an unfair advantage over its European competitors.

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Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators

Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an ...

2d

Meta to offer less personalized ads in Europe to appease regulators

Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech ...

Associated Press on MSN2d

Facebook and Instagram users in Europe can opt for less personalized ads

FILE - The Meta logo is seen at the Vivatech show in Paris, France, on June 14, 2023. (AP Photo/Thibault Camus, File) ...

Our Response to the European Commission’s Decision on Facebook Marketplace

The European Commission’s decision provides no evidence of competitive harm to rivals or any harm to consumers.

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