European Commission Fines Meta 800 Million Euros For Breaching Antitrust Rules

European Union regulators have imposed a significant fine of €797.72 million (approximately $841 million) on Meta, the parent company of Facebook, for violating antitrust laws. This decision, announced on November 14, 2024, follows a lengthy investigation that found Meta engaged in abusive practices related to its Facebook Marketplace service.The European Commission determined that Meta abused
European Union regulators have imposed a significant fine of €797.72 million (approximately $841 million) on Meta, the parent company of Facebook, for violating antitrust laws. This decision, announced on November 14, 2024, follows a lengthy investigation that found Meta engaged in abusive practices related to its Facebook Marketplace service.The European Commission determined that Meta abused
Go to Source