Meta Platforms has been fined €798 million by the European Commission for violating competition laws by unfairly integrating Facebook Marketplace into its social network. The Commission reported that this practice disadvantaged competing classified ad services, hindering their ability to compete…
The European Commission has imposed a hefty fine of €797.72 million on Meta, the parent company of Facebook, for breaching antitrust laws. The penalty arises from Meta’s unfair practices linking its Facebook Marketplace with the social networking service, unfairly disadvantaging…
The European Commission has imposed a record fine of €797.72 million on Meta, the parent company of Facebook, for violating EU antitrust regulations. The commission accused Meta of unfairly linking its Facebook Marketplace service to its social network, disadvantaging competitors…
Ita and Lufthansa have reached a final agreement on their merger after intense negotiations, securing the necessary commitments to satisfy EU antitrust regulations. The deal, which includes an investment of 829 million euros for Lufthansa to acquire a 49% stake…
