EU fines Meta $840m over unfair trading conditions, others

EU fines Meta $840m over unfair trading conditions, others …C0NTINUE READING HERE >>>

EU fines Meta $840m over unfair trading conditions, others

The European Union (EU) has fined Meta the sum of $840 million over alleged unfair trading conditions and ‘abusive’ Facebook ad practices.

Giving details on the fine, the EU noted that Meta is guilty of breaching antitrust rules by giving users of its Facebook social network automatic access to Facebook Marketplace.

The EU further noted that Meta is abusing its users by imposing unfair trading conditions on other online classified ads service providers that advertise on its…

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