EU Poised to Fine Meta Up to $1 Billion for Alleged Antitrust Violations: Report
Meta, the parent company of Facebook and Instagram, is facing a substantial fine from the European Union for allegedly violating its strict antitrust regulations. According to the New York Post , the penalty could amount to hundreds of millions of dollars and may even surpass $1 billion, marking one of the most significant enforcement actions under the EU’s Digital Markets Act (DMA).
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