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Meta, Facebook and Marketplace
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 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 $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.
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.
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.
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
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.
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 €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.
23h
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 ...
3h
DA's office seeks addition information in Marketplace shooting
A request for charges against the suspect in a shooting Sunday at The Marketplace that left a 15-year-old boy dead was sent back to t Police Department earlier this week after the Kern County District ...
21h
on MSN
Dallas man shot, killed during Facebook Marketplace iPhone sale, police say
A Facebook Marketplace sale turns fatal after Amaya Medrano allegedly shot Ahmad Akhalaf during a online iPhone sale, charged ...
FOX 4 Dallas-Fort Worth on MSN
1d
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 ...
3d
on MSN
BPD Chief Terry speaks about fatal Marketplace shooting, BPD Community Crime Dashboard
Bakersfield Police Chief, Greg Terry, joined 17 News at Sunrise to discuss several issues around town. What began as a ...
3d
on MSN
Teen killed after shooting at The Marketplace identified, suspect surrenders
The Kern County Coroner’s Office has identified the teen shot and killed at The Marketplace as 15-year-old Prince Michael ...
4d
on MSN
Macy's CEO: Department stores can be repositioned as a marketplace
Spring, who took the helm last February, said the chain can compete as a marketplace with its namesake Macy's brand, ...
3d
Family and friends remember Prince Michael Banner during vigil at the Marketplace
Sounds of sorrow and anger at losing a loved one filled the air Tuesday night. An only child, grandson, baby cousin, teammate ...
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