Meta Fined by EU for Antitrust

This is a news story, published by Verge, that relates primarily to Meta news.

tech giants news

For more tech giants news, you can click here:

more tech giants news

Verge news

For more news from Verge, you can click here:

more news from Verge

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like tech giants news, you might also like this article about

European Commission

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest social media market news, own service Facebook Marketplace news, tech giants news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

EU regulators

Verge

•

Meta hit with $840 million fine for linking Facebook and Marketplace

Summary

Nutrition label

74% Informative

The European Commission has fined Meta 797.7 million ( around $840 million ) The tech giant was accused of abusing its dominant position in the social media market.

The EU has ordered Meta to “bring the conduct effectively to an end” but didn’t specify what actions should be taken.

“We will appeal the decision,” Meta announced in response to the ruling.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive