The European Commission has fined Meta €797.72 million after saying the tech giant's Marketplace held an unfair advantage.

Meta said it would appeal, saying the decision ignored "the realities of the thriving European market for online classified listing services.

Cyprus recorded a record-breaking €3.2 billion in foreign direct investment (FDI) for 2023, according to Invest Cyprus, the ...

Swiss Steel Group will cut around 800 jobs in its home market of Switzerland and abroad due to weak demand in European manufacturing, low production levels, and a subdued growth outlook, the ...

The European Commission, the 27-nation bloc's executive branch and top antitrust enforcer, issued the 797.72 million euro ...

BRUSSELS -- The European Commission on Thursday fined US tech giant Meta 797.72 million euros ($837.61 million) for breaching ...

The fine is the latest in a string of hefty penalties the commission, the regulator for the 27-nation European Union, has ...

The European Commission said the US tech titan also abused its dominant position by imposing unfair trading conditions on other online classified ads service providers that advertise on its platforms.

Picture: Fergal Phillips Meta has been slapped with a fine worth nearly €800 million by the European Commission for violating ...

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

For years, the EU Commission investigated whether Meta abusively favored the Facebook marketplace. The fine now imposed is ...