The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace.

The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace.

'This is illegal under EU antitrust rules. Meta must now stop this behaviour'

The EU Commission fined tech giant Meta for practices favoring Facebook Marketplace that it said violated EU competition law.

Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.

US tech giant penalized for ‘imposing unfair trading conditions on other online classified ads service providers;’ Meta says it will appeal the decision

The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace.

The European Union says the tech giant crowded out rivals, breaching competition law.

The European Union has fined Meta $840 million for unfairly tying its Facebook Marketplace classified ads service to its social network, marking the company's first EU antitrust penalty. The European Commission ruled Meta must stop bundling Marketplace with Facebook's social platform and cease im...

The European Commission has fined Meta Platforms €797.7m over abusive practices benefiting Facebook Marketplace.

BRUSSELS :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."The European Commission has fined Meta ... for breaching EU antitrust rules by tying i

On Thursday, the European Commission fined Meta almost 798 million euros (about $840 million).It said Meta linked Facebook Marketplace to its social

European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what they call “abusive practices” involving its Marketplace online classified ads business.

Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other classified marketplace providers in Europe caused by attaching its Marketplace product to Facebook, while Meta said it plans to appeal the decision.

LONDON (AP) — European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what they call “abusive practices” involving its Marketplace online classified ads business.

European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what they call “abusive practices” involving its Marketplace online classified ads business. The European Commission, the 27-nation bloc's executive branch and top antitrust enforcer, issued the 797.72 million euro ($841 million) penalty…

EU fines Meta nearly 800 million euros for anti-competitive practices in Marketplace, Meta vows to appeal.

LONDON (AP) — European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what they call “abusive practices” involving its Marketplace online classified ads business. The European Commission, the 27-nation bloc’s executive branch and top antitrust enforcer, issued the 797.72 million euro ($841 million) penalty after its […]