European Union regulators say Meta violated the bloc’s new competition law in requiring Instagram and Facebook users to pay if they don’t want their personal data used to generate targeted ads.
The preliminary findings come as part of a longer investigation into whether the social media giant is out of compliance with, or DMA, the first antitrust law focused on Big Tech companies in a major economy. Meta could face fines of as much as 10 percent its annual global revenue if the commission upholds the stance in its final decision.The E.U.
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