EU slaps Meta with a nearly 800 million euro fine for engaging in ‘abusive’ Marketplace practices
AP Business Writer LONDON (AP) — European Union regulators issued their first antitrust fine to Facebook parent Meta on Thursday with a penalty of nearly 800 million euros for what they call “abusive practices” involving its Marketplace online classified ads business. The European Commission, the 27-nation bloc’s executive branch and top antitrust enforcer, issued the
Continue Reading