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EU Slaps Meta With €798 Million Fine

Washington Examiner on MSN · 10h

Meta hit with $840 million EU fine over antitrust concerns

The European Commission, the executive arm of the European Union, has hit Meta, the company that owns Facebook, Instagram, and Threads, with a fine worth $840 million for what it classifies as an antitrust violation.

USA Today · 5h

EU fines Meta $840 million over abusive practices benefiting Facebook Marketplace

Meta said the Commission claimed that Marketplace had the potential to hinder the growth of large incumbent online marketplaces in the EU.

Why Did EU Hit Meta With $841 Million Fine?

The EU has fined Meta $841 million for abusing its dominant position in the online classifieds market, accusing the company of unfair practices that hurt competitors and consumers.

Meta must face antitrust trial by FTC

Meta will face antitrust trial over Instagram, WhatsApp acquisitions

Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media,

Bloomberg on MSN · 1d

Meta Wins Limits to FTC Instagram, WhatsApp Antitrust Suit

Meta Platforms Inc. will face a scaled-back antitrust trial over its alleged dominance of social networking after a federal judge threw out some allegations by the US Federal Trade Commission.

Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions

A judge largely denied Meta's motion to end the case filed against Facebook in 2020 alleging that the company acted illegally to maintain its social network monopoly.

16h

Antitrust lawsuit against Meta heads to trial in effort to break up social media giant

An antitrust case aimed at breaking up social media giant Meta is heading to trial. That's after a federal judge partly ...

1d

Meta Will Get Its Unwanted Day in Antitrust Court

A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were ...

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