European Comission – Antitrust Intelligence

EU Fines Meta €797 Million for Antitrust Violations Linked to Facebook Marketplace

November 16, 2024November 16, 2024Editorial

The European Commission has imposed a record-breaking €797.72 million fine on Meta, the parent company of Facebook, for violating antitrust regulations by leveraging its dominant position in the social media market. This landmark decision marks the first instance of Meta being penalized under EU competition laws. The Basis of the Fine The fine stems from […]

EU Regulator’s Concerns Threat Adobe’s $20 Billion Bid for Figma

June 20, 2023June 21, 2023Editorial

Adobe’s proposed $20 billion acquisition of cloud-based design platform Figma is facing significant challenges as European Union (EU) antitrust regulators prepare to launch a formal investigation. The move comes amid concerns over potential market consolidation, reduced innovation, and higher prices. EU Antitrust Probe: A Lengthy Investigation According to individuals familiar with the matter, European antitrust […]