EU fines Meta 798 million euros for violating competition rules

EU fines Meta 798 million euros for violating competition rules

Brussels. The European Union (EU) announced this Thursday the application of a fine of 798 million euros (about 840 million dollars) to Meta, owner of Facebook and Instagram, for anti-competitive practices in the online advertising market. According to the European Commission – the executive arm of the EU – Meta “links its online classified advertising … Read more