Key Takeaways Meta is facing a new 797 million euro fine from European regulators, this time over its Facebook Marketplace service.The European Commission said Thursday that Meta tying Marketplace to ...

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

The EU fined online giant Meta almost 800 million euros on Thursday ... Among the 10 largest antitrust fines ever imposed by the 27-nation European Union, it is the latest in a string of hefty ...

Margrethe Vestager, the EU’s outgoing competition chief, said on Thursday that by linking Facebook with its classified ads service Meta had “imposed unfair trading conditions” on other ...

The EU decision argues that Meta imposes Facebook Marketplace on people ... find any evidence of harm to competitors. Companies risk fines of as much as 10% of their global turnover for EU ...

Facebook’s parent company is accused of collecting user data without consent and using it to maintain dominance in the ...

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.

Meta, the American multinational technology company that owns and operates Facebook, Instagram, Threads, and WhatsApp, is ...

The EU decision argues that Meta imposes Facebook Marketplace on people ... find any evidence of harm to competitors. Companies risk fines of as much as 10% of their global turnover for EU ...

Click to expand... hard disagree. If the fines impact your stock price, they will VERY MUCH care. 800 million is a noticeable hit to meta income, and their stock price WILL suffer from it.

Among the 10 largest antitrust fines ever imposed by the 27-nation ... penalties in the event of infringements. In July the EU accused Meta of breaching the digital rules with its new “pay ...