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Meta, EU and Facebook Marketplace
EU fines Meta €800 million for breaking law with Marketplace
Meta has been fined nearly €800 million by Brussels after regulators accused Facebook’s parent company of stifling competition by “tying” its free Marketplace services with the social network.
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 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 it calls “abusive practices” involving its Marketplace online classified ads business.
radiojamaicanewsonline
3h
EU fines Meta $840 million for 'abusive practices' benefitting Facebook Marketplace
The European Union has fined Meta Platforms $840 million regarding what it called abusive practices benefitting Facebook ...
Yahoo Finance
1mon
DitchIt Takes on OfferUp and Facebook Marketplace
DitchIt prioritizes
local
buying and selling ... to its balance of user needs and innovative features. As the online
classifieds
market evolves, DitchIt's unique value proposition sets it apart.
The Irish Times
7h
Meta fined nearly €800m for breaking EU law over classified ads practices
Meta has been fined nearly €800 million by Brussels after regulators accused
Facebook
’s parent company of stifling ...
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