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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.
E.U. fines Meta $840 million for abusive practices on Facebook Marketplace
European enforcers accuse the tech giant of using its popular social network to unfairly advantage its classified ads business.
Meta Hit with €798M Fine for Facebook Marketplace Antitrust Violations
The EU fines Meta €798M for antitrust violations, citing unfair competition and tying Facebook Marketplace to the social network.
Meta must face antitrust trial by FTC
Antitrust lawsuit against Meta heads to trial in effort to break up social media giant
An antitrust case aimed at breaking up social media giant Meta is heading to trial. That's after a federal judge partly denied a request for summary judgment from the parent company of Facebook. The Federal Trade Commission alleges Meta overpaid for Instagram in 2012 and WhatsApp in 2014 to stifle competition.
Meta must face antitrust trial by FTC: Issues with Instagram and WhatsApp acquisitions.
A federal court allows the FTC's antitrust lawsuit against Meta to proceed, alleging monopoly through Instagram and WhatsApp acquisitions.
Meta could be forced to separate Instagram and WhatsApp
A DC District Court Judge ruled on Wednesday that Meta will have to face the Federal Trade Commission's antitrust lawsuit. This lawsuit accuses Meta of
17h
FTC antitrust case against Meta can move to trial, court rules
A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal ...
1d
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims ...
Barron's
15h
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 ...
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