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EU Slaps Meta With €798 Million Fine

USA Today · 10h

EU fines Facebook owner Meta $840 million over abusive practices

STORY: The EU hit Facebook owner Meta with a huge fine on Thursday (November 14) for breaching antitrust rules. The tech giant must pay just over $840 million for abusive practices that benefited its online classified ads service Facebook Marketplace.

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 Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices

EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices.

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 ...

EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices

Among the 10 largest antitrust fines ever imposed by the 27-nation ... according to the EU. The commission opened formal ...

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