Politic

EU takes 10% of Meta's annual income
EU wants to take up to 10% of Meta's annual revenue

Meta could face a fine of up to 10% of its annual EU revenue for allegations of market dominance attemptsEuropean regulators claim that Meta (the parent company of Facebook) uses its free Marketplace service to competitively undermine other advertisement-related companies, reports Financial Times.Ac...

20.09.2024 1368

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