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Meta’s antitrust problems grow with EU fine and renewed FTC case

Article by Grace Harmon  |  Nov 14, 2024
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Meta’s antitrust problems grow with EU fine and renewed FTC case
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The news: Meta’s legal woes are piling up this week with an antitrust fine from the European Commission (EC) and the reopening of a 2020 Federal Trade Commission (FTC) case that was initially dismissed in 2021.

  • The EC fined Meta €797.7 million ($863.2 million) for “unfairly” tying its Facebook and Facebook Marketplace businesses together. It also ordered Meta to change its business conduct, though it didn’t specify what changes need to be made.
  • The FTC antitrust lawsuit over Meta’s acquisitions of Instagram and WhatsApp could go to trial before the end of the year.

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