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

Because the site is so accessible, users are often meeting and interacting with strangers to complete transactions. Here are ...

Meta has been fined almost €800m by the EU over concerns its Marketplace creates an unfair digital classified industry.

The European Commission fined Meta $797.72 million euro on Wednesday for abusing its dominant position and breaching EU Antitrust rules. The EU opened these proceedings against Meta in 2021 for the ...

Meta said it will appeal the decision, but in the meantime, it will comply and will work quickly and constructively to launch ...

Meta has been fined €798m (£664m) for breaking competition law by embedding Facebook Marketplace within its social network. The European Commission said this meant alternative classified ads services ...

The penalty stems from Meta's integration of Facebook Marketplace into its main platform, which the EU Commission argues gave ...

Meta faces a €800m fine from the EU for unfairly linking Facebook Marketplace to its social network, marking the latest ...

The European Commission fined Facebook’s parent company Meta for almost €800 million for breaching antitrust regulation on ...

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

The European Union has imposed a massive €800 million fine on Meta. This action follows Meta’s breach of antitrust laws through its integration of Facebook Marketplace. Such a move provided Meta an ...

The trading volume for META stands at 5,226,248 shares, suggesting active investor interest in the stock. As Meta navigates these regulatory challenges, investors will be keenly observing how the ...