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Facebook, Meta
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.
Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
Meta is in hot water in Europe once again. The European Competition Commission issued the Facebook and Instagram parent company with a fine on Thursday to the tune of 798 million euros ($843 million) over "abusive practices.
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 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.
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 $842 million in a Facebook Marketplace antitrust case
The executive arm of the European Union isn’t shying away from slapping major tech companies with hefty fines. The European Commission has fined Meta €797.12 million ($842 million) for violating antitrust regulations.
Europe fines Meta almost $840 million for linking Marketplace to Facebook
Meta was penalized by the EU for tying Facebook Marketplace to its social network, and for imposing unfair trading conditions on competitors.
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.
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other classified marketplace providers in Europe caused by attaching its Marketplace product to Facebook,
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
21h
on MSN
What to know about Facebook Marketplace’s safety tips for selling, buying items online
Because the site is so accessible, users are often meeting and interacting with strangers to complete transactions. Here are ...
2d
Facebook Marketplace meetup ends in elderly man's murder
Police say Ahmad Alkhalaf, a 66-year-old husband and father from Sasche, was murdered in the middle of the afternoon at an ...
19h
on MSN
12 Risky Mistakes to Avoid When Shopping on Craigslist and Facebook Marketplace
You can lose plenty of money — or even your life — shopping on Craigslist or Facebook Marketplace. Here's what could go wrong ...
Hosted on MSN
1d
I Decorated My Whole Apartment Using Facebook Marketplace—Here's What I Learned
Every time someone tells me they're moving apartments or redecorating, I get giddy. My immediate next question is always, ...
NBC DFW on MSN
1d
Dallas man shot, killed during Facebook Marketplace iPhone sale, police say
A North Texas woman is charged with capital murder after shooting and killing a seller during a
Facebook
Marketplace
...
4d
Man accused of armed robbery during seemingly fake Facebook Marketplace deal in Hermitage
NASHVILLE, Tenn. (WSMV) - A man is facing charges after he allegedly robbed a man at gunpoint during a seemingly made-up ...
Yahoo
4d
Multiple car ports reported stolen through Facebook Marketplace scam
Police are asking anyone who has purchased a carport from Fite or his alias, Joseph Lane, or from
Facebook
Marketplace
to ...
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