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Meta Fined $843 Million by EU
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
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.
Meta Fined $843 Million by EU Over Marketplace Ads
Meta Platforms said it would appeal an $843 million European Commission fine for allegedly tying its classified-ads platform to Facebook, undermining competition.The commission on Thursday fined the Facebook owner 797.
EU slaps Meta with a nearly 800 million euro fine for engaging in ‘abusive’ Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business.
Meta must face antitrust trial by FTC
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 anticompetitive should proceed to a jury trial.
FTC antitrust case against Meta can move to trial, court rules
A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal monopoly over social media can proceed to trial, handing the agency a victory after previous setbacks in making its case in court.
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,
Yahoo
6h
Facebook's parent company, Meta, facing courtroom battle
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses
Meta
of creating an illegal ...
23h
Meta must face FTC trial that could separate Instagram and WhatsApp
In a statement to The Verge, Meta spokesperson Christopher Sgro said the company is “confident” the trial will show its ...
Barron's
1h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
"It is disappointing that the Commission has chosen to take regulatory action against a free and innovative service built to ...
9h
AI Powers Meta’s Strong Q3 Growth: Profits Soar
Ad revenue reached $39.9 billion, increasing 19% YoY, boosted by AI-driven ad targeting and improved ad impressions.
Bloomberg L.P. on MSN
21h
Meta Must Face Trial After Judge Pares Some FTC Claims
Meta
Platforms Inc. will face a somewhat scaled-back antitrust trial over its alleged dominance of social networking after ...
22h
on MSN
The Metals Company Q3 2024 Earnings Preview
The Metals Company (NASDAQ:TMC) is scheduled to announce Q3 earnings results on Thursday, November 14th, after market close.
Barchart on MSN
7h
META 2025 Forecast: Does a Trump-Musk Combo Spell Trouble for Meta Stock?
While the broader markets have rallied since Donald Trump’s election, the price action in some tech names has been quite ...
2d
Meta Unveils Less-Tailored Ads to Allay EU’s Worries
Meta Platforms Inc. is rolling back ad targeting for European users in a bid to address European Union concerns over the ...
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