EU Smacks Meta With $840M Fine Alleging Abusive Practices To Prop Up Facebook
Meta is being slapped with an $840 million fine by the European Commission after finding that the company had violated antitrust rules and is in breach of Article 102 of the Treaty on the Functioning of the European Union. These findings stem from proceedings the Commission opened back in 2021, as it investigated whether or not Meta was abusing its market position to hinder any possible competitors when the company rolled out Facebook Marketplace. The