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 […]
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The Polish Office of Competition and Consumer Protection (UOKiK) has launched an investigation into Meta, the parent company of Facebook, following recent changes to how content from Polish publishers is displayed on the platform. The UOKiK, led by President Tomasz Chróstny, is examining whether Meta’s modifications to content display could represent an abuse of its […]
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In a recent development within the tech industry, Margrethe Vestager, the European Union’s antitrust chief, has raised concerns regarding the fee structures implemented by tech giants Apple and Meta Platforms (formerly Facebook). Vestager’s warnings highlight potential obstacles these fees may pose to the objectives of the Digital Markets Act (DMA), aimed at fostering competition and […]
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In a significant ruling, the European Court of Justice (CJEU) has affirmed the power of antitrust authorities to investigate privacy breaches, thereby delivering a blow to Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp. The decision grants antitrust regulators greater leeway in scrutinizing Big Tech firms, potentially shaping the future landscape of data […]
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Facebook’s parent company, Meta, has provided significant assurances to U.K. antitrust regulators to address concerns regarding its utilisation of advertising data to favor its own products. These measures come as Meta faces scrutiny over allegations of leveraging user data from its social network to influence content display and recommendations on Facebook Marketplace. These commitments from […]
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France’s anti-trust watchdog body said on Thursday that it had approved commitments made by Facebook owner Meta Platforms regarding the French online advertising sector, Reuters reported. Meta has committed to giving access over a five-year period to advertising inventories and campaign data to so-called advertising technology companies on transparent, objective and predictable conditions, the French regulator […]
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A top Democratic lawmaker on antitrust issues said Tuesday a bill aimed at reining in the market power of Big Tech platforms like Amazon.com and Alphabet’s Google had the votes to pass the both chambers of Congress in the next few weeks, Reuters reported. On the sidelines of an event to rally support for measures before the […]
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On April 28, Meta published its quarterly report where the company offered relevant information about the legal and regulatory risks that is facing and how these risks could affect the company´s revenue. The company is facing lawsuits in the U.S., Europe and around the world. Perhaps the most relevant one for Meta is the ongoing […]
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Facebook’s rebranded parent, Meta, has become the next tech giant to be confirmed as subject to a special competition abuse control regime in Germany, following a 2021 update to its digital competition rules that are focused on large digital companies which are considered to be of “paramount significance for competition across markets”, as the law […]
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The Federal Trade Commission (FTC) has been granted with a second chance to continue with its case against Facebook (now Meta), after a U.S. judged rejected the company’s motion to dismiss the lawsuit in a new filing on Tuesday.
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