EU fines Meta 797m euros over abusive practices
This development aims to streamline the process of AI training by allowing AI systems to check their own outputs, potentially reducing the need for costly and time-consuming human feedback. Photo: Reuters/Yves Herman
The European Commission yesterday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.
"The European Commission has fined Meta ... for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on other online classified ads service providers," the European Commission said.
For all latest news, follow The Daily Star's Google News channel. Meta said it will appeal the decision, but in the meantime, it will comply and will work quickly and constructively to launch a solution which addresses the points raised.
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