Posted inAntitrust Laws and Competition Issues E-Commerce European Union Facebook Inc Fines (Penalties) Meta Platforms Inc Regulation and Deregulation of Industry Social Media Suits and Litigation (Civil) Vestager, Margrethe
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.