Business

#Breaking: The #EU on Thursday fined #Meta roughly $840 million for breaking competition laws with #Facebook Marketplace

15/11/2024
Von Wittelsbach DeRoth Henry Leon

The EU on Thursday fined Meta roughly $840 million for breaking competition

laws with Facebook Marketplace, the latest action by regulators trying to limit the

ability of tech giants to expand into new product areas.

European Union regulators said Meta had given itself an unfair advantage by bundling Marketplace into Facebook’s wider social network.

Source: X

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