European Commission Warns Meta over Infringement of Law
The European Commission warns Meta as it is imposing “unfair trading conditions” on competitors
The European Commission warns Meta, Facebook’s parent company, on Monday. Meta is breaching EU antitrust laws by distorting competition in markets for online classified advertising and abusing its dominant position.
The Commission said in a preliminary view that it would further investigate and that it could impose a fine of up to 10% of the company’s annual global turnover if there is sufficient evidence of an…