EU slaps Meta with a nearly 800 million euro fine

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.
Meta Fined $843 Million by EU Over Marketplace Ads
Meta Platforms said it would appeal an $843 million European Commission fine for allegedly tying its classified-ads platform to Facebook, undermining competition.The commission on Thursday fined the Facebook owner 797.
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices LONDON -- EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices. 24/7 coverage of breaking news and live events
Meta fined nearly €800mn for breaking EU law over classified ads practices
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says
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 Fined €798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to its sprawling social network, the US tech giant’s first ever penalty for EU antitrust violations.
EU Fines Meta $843 Million Over Marketplace Classified Ads
European Commission fines Facebook-owner Meta Platforms over allegations it illegally tied its Marketplace classified ads platform to its flagship social network, undermining competition.
EU fines Meta €797 million over antitrust breaches
The EU Commission fined tech giant Meta for practices favoring Facebook Marketplace that it said violated EU competition law.

EU, Israel and Gaza

EU drugs regulator recommends Alzheimer's drug from Eisai-Biogen
The European Union's drugs regulator on Thursday said it recommends approval of Eisai and Biogen's Leqembi in patients with ...
Newsweek1h
EU Fines Meta $840 Million Over Classified Ads Business
"This is illegal under EU antitrust rules. Meta must now stop this behavior." The case originated in 2021, when regulators ...
The Financial Times10h
Italy holds dozens and freezes €520mn over ‘mafia tax fraud’ against EU
The alleged fraud involved the creation of fake companies — or “missing traders” or “ghost companies” — in Italy, other EU ...
EU Readies More Sanctions on Russia’s Shadow Fleet by Year’s End
The European Union is working on a new package of sanctions aimed at targeting the shadow fleet of tankers Russia is using to ...
EU says Booking must now comply with Digital Markets Act
The European Commission on Thursday said hotel reservation website Booking.com must now comply with strict EU obligations, ...
Barron's1h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...
Ukraine can’t trademark ‘Russian warship, go f**k yourself’, EU court rules
Ukraine’s border force cannot trademark the anti-Russian wartime insult, “Russian warship, go f**k yourself,” because it is a ...
EU top jobs hearings stalled by political infighting over hard right alliances
The socialists accused the EPP leadership of “irresponsible behavior” by working with the Spanish populist party Vox to ...