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EU Slaps Meta With €798 Million Fine
EU Fines Meta $840 Million Over Classified Ads Business
"This is illegal under
EU
antitrust rules. Meta must now stop this behavior." The case originated in 2021, when regulators from the European Union and the United Kingdom launched parallel investigations into Meta's classified ads
business
. The U.K ...
EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls "abusive practices" involving its Marketplace online classified ads business.
Meta fined 798 million euros ($846m) for breaking EU antitrust rules
The European Union has hit technology giant Meta with a fine just shy of 800 million euros for what it called “abusive practices” involving its Facebook Marketplace online classified ads business. The EU’s European Commission issued the fine of 797.
1h
EU drugs regulator recommends Alzheimer's drug from Eisai-Biogen
The European Union's drugs regulator on Thursday said it recommends approval of Eisai and Biogen's Leqembi in patients with ...
14m
on MSN
Trump trade drives down pound and euro; Disney earnings boosted by Inside Out 2 and Deadpool – business live
Rolling coverage of the latest economic and financial news. Businesses accelerate reshoring amid geopolitical ...
19m
on MSN
EU AI Act: Draft guidance for general purpose AIs shows first steps for Big AI to comply
A first draft of a Code of Practice that will apply to providers of general-purpose AI models under the European Union's AI ...
1d
EU regulators quiz Novo Nordisk, Catalent rivals on $16.5 bln deal
EU antitrust regulators have asked pharma rivals and customers for feedback in four business areas in light of Novo Holdings' ...
Compliance Week
1h
EU Deforestation Directive delayed, experts advise compliance managers to not rest on laurels
If your business uses leather, rubber or wood, or beef, palm oil, soy or paper, then you may need to comply with the EU ...
Channel NewsAsia Singapore
4h
EU says Booking must comply with Digital Markets Act
Hotel reservation website Booking.com must comply with strict EU obligations as of Thursday, following its designation as a ...
1h
Meta fined £660m for EU competition rule breaches over Facebook Marketplace
The ruling also said Meta had unilaterally imposed unfair trading conditions on other classified ads services providers who ...
Seattle Times
1d
French farmers protest EU-Mercosur deal that will increase South American imports
A group of more than 600 French lawmakers also published an open letter in Le Monde, telling the
EU
Commission President Ursula von der Leyen that the conditions for adopting an agreement with the ...
Channel NewsAsia Singapore
6h
EU says Booking must now comply with Digital Markets Act
The European Commission on Thursday said hotel reservation website Booking.com must now comply with strict EU obligations, ...
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