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Meta, Facebook and 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.
Meta hit with $840 million fine for linking Facebook and Marketplace
The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by the EU last year for transferring the Facebook data of EU citizens to the US.
EU Fines Meta Nearly €800 Million for Facebook Marketplace Practices and Advertising Data Violations
The European Commission has fined Meta €797.72 million after saying the tech giant's Marketplace held an unfair advantage.
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.
Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
The European Commission says Facebook's parent company is undermining its rivals by embedding its classified ads platform within the social network.
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads business.
EU fines Meta over $840 million for ‘abusive practices’ favoring Facebook Marketplace
Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to market domination after three years of legal proceedings. The
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.
EU fines Meta €797M over Facebook Marketplace’s anti-competitive advertisement model
The European Commission fined Meta $797.72 million euro on Wednesday for abusing its dominant position and breaching EU Antitrust rules. The EU opened these proceedings against Meta in 2021 for the
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.
1d
on MSN
Facebook is changing its primary metric to ‘views’
Facebook is making “views” its primary metric to measure the performance of content, bringing it in line with Instagram ...
Rolling Out
16h
Facebook makes bold shift to ‘views’ as its primary metric
After Instagram announced that it was switching to “views” as its primary metric back in August, Meta has now announced that ...
9d
Why are people blacking out their Facebook profile photos after Tuesday's election?
"Since the recent election, many have chosen this blacked-out profile as a form of protest against the election results," ...
FOX 4 Dallas-Fort Worth on MSN
2d
Dallas woman, 19, kills elderly man over phone in Facebook Marketplace meetup: police
Just three days after the shooting, police say they noticed the same Facebook account originally trying to buy a phone was ...
1d
on MSN
What to know about Facebook Marketplace’s safety tips for selling, buying items online
More and more people are getting accustomed to the concept of buying and selling online as sites like eBay, Etsy and Poshmark continue to increase in popularity, especially within the last two decades ...
1d
on MSN
Generative AI might be following Facebook's adoption curve: Morgan Stanley
Generative artificial intelligence took the world by storm in late 2022, with the release of OpenAI's ChatGPT. Since then, ...
1d
BCSO warns against Facebook scam
BCSO detailed that the scam involves someone hacking a Facebook page and posting a list of valuable items on sale for cheap.
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