Meta Fined EUR 798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million or roughly Rs. 7,100 crore) fine by European Union regulators by tying its Facebook Marketplace service to the social network, the US tech giant’s first ever penalty for EU antitrust violations. In a groundbreaking decision, the European Commission ordered Meta to stop tying its classified-ads […]
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