Reported about 1 year ago
On July 1, 2024, the EU Commission accused Meta, the parent company of social media platforms like Facebook, Instagram, and Messenger, of violating antitrust laws by forcing users to choose between paying for an ad-free experience or allowing their privacy data to be used for targeted ads. The EU Commission stated that this practice is unfair to consumers, and Meta could face fines of up to 10% of its global revenue. This accusation follows similar actions against Apple and Microsoft for violating digital market laws, with potential fines amounting to billions of dollars.
Source: YAHOO