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Meta, Facebook and to 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.
Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
The European Commission says Facebook's parent company is undermining its rivals by embedding its classified ads platform within the social network.
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.
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.
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.
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 over $840 million for ‘abusive practices’ favoring Facebook Marketplace
Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to market domination after three years of legal proceedings. The multinational company was penalized for tying its online classified ads service Facebook Marketplace to its personal social network Facebook according to the release.
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
1d
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 ...
Yahoo
2d
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Meta is facing a new 797 million euro fine from European regulators, this time over its
Facebook
Marketplace
service. The ...
1d
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 ...
The Daily Dot
16h
‘Doesn’t seem cost effective’: Viewers divided after woman buys Honda CRV from Facebook Marketplace to rent on Turo
In a video with over 217,000 views, TikToker Find It Flip (@finditflip) shares a clip of a black 2015 Honda CRV that she ...
FOX 4 Dallas-Fort Worth on MSN
2d
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 ...
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