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Meta Fined $843 Million by EU

EU Fines Meta $840 Million Over Classified Ads Business

An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.

The New York Times · 2d

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.

The Associated Press on MSN · 2d

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.

EU slaps Meta with $841M fine for engaging in 'abusive' Marketplace practices

LONDON — European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty ...

3d

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 ...

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