The European Union opened formal proceedings into possible anticompetitive conduct of Facebook in June, 2021, and in December ...

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

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

Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European ...

The European Commission has fined Meta €797.72 million for breaching EU antitrust rules by tying its online classified ads ...

European Union regulators have charged Meta with giving itself an unfair advantage by bundling Marketplace into Facebook’s wider social network. Meta has vowed to appeal the ruling. Eva Galperin talks ...

The European Commission fined Meta $840 million Thursday over allegations that it unlawfully used its signature social media platform to power its classified-ads service, Facebook Marketplace.

Meta, the parent company of Facebook, has been fined nearly 798 million euros (U.S. $841 million) by the European Commission ...

LONDON — European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty of ...

Meta must now stop this behaviour," the bloc's competition ... Among the 10 largest antitrust fines ever imposed by the ...

Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social ...

The European Commission is levying a hefty $840 miilion fine on Meta after finding the company abused its market position.