EU levies over Rs 7,000 crore fine on Meta

EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other classified marketplace providers in Europe caused by attaching its Marketplace product to Facebook,
Meta Fined $843 Million by EU Over Marketplace Ads Platform
The European Commission fined the company over allegations that it tied its classified-ads platform to its flagship 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.
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.
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.
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.
EU issues €797M antitrust fine to Meta over Facebook Marketplace
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European Commission, the EU’s executive arm, launched a probe into the service in 2021 over concerns it may harm competition. Today’s fine is the culmination of that probe.
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 Faces Massive EU Fine Over Facebook Marketplace
The European Commission has fined Meta Platforms €797.72 million for engaging in abusive practices with Facebook Marketplace. Meta plans to appeal, arguing that the EU has presented no evidence of harm to competitors or consumers,
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
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EU Hits Meta with Record Fine Over Facebook Marketplace Practices
The European Commission has fined Meta Platforms €797.72 million for antitrust violations involving Facebook Marketplace. The ...
Meta Fined $843 Million by EU Over Marketplace Ads
The European Commission fined the company over allegations that it tied its classified-ads platform to its flagship social ...