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Tag: European Union on meta marketplace practice

EU slaps Meta with a nearly 800 million euro fine for engaging in ‘abusive’ Marketplace practices

Posted on November 14, 2024 By admin
EU slaps Meta with a nearly 800 million euro fine for engaging in ‘abusive’ Marketplace practices

Meta said in a statement that the decision fails to prove any “competitive harm” to rivals or consumers and “ignores the realities of the thriving European market for online classified listing services.” File | Photo Credit: Reuters European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday (November 14,…

Read More “EU slaps Meta with a nearly 800 million euro fine for engaging in ‘abusive’ Marketplace practices” »

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