financetom
Business
financetom
/
Business
/
EU Fines Meta $842 Million Over Alleged Abusive Practices Favoring Facebook Marketplace
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
EU Fines Meta $842 Million Over Alleged Abusive Practices Favoring Facebook Marketplace
Nov 15, 2024 12:55 PM

09:55 AM EST, 11/14/2024 (MT Newswires) -- Meta (META) was fined 797.72 million euro ($842.1 million) by the European Commission for violating European Union antitrust rules by tying Facebook Marketplace to Facebook and by imposing trading conditions on other online classified ads service providers it deems unfair, the Commission said Thursday.

Meta did not immediately reply to a request for comment from MT Newswires.

Price: 577.90, Change: -2.11, Percent Change: -0.36

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved