Europe fines Meta almost $840 million for linking Marketplace to Facebook
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The European Commission has fined Meta nearly $840 million for linking its Facebook Marketplace to its social network, imposing unfair conditions on competitors.
November 14, 2024 | 2:30 pm
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Meta has been fined nearly $840 million by the European Commission for anti-competitive practices related to Facebook Marketplace.
The fine is significant and highlights regulatory challenges Meta faces in Europe. This could lead to increased scrutiny and potential changes in business practices, negatively impacting short-term stock performance.
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