EU Accusation Against Meta Raises Concerns Over Compliance with Digital Regulations
Tuesday, 2 July 2024, 02:55
EU Accusation Against Meta
The European Union accuses Meta, the parent company of Facebook, of violating digital regulations by offering an ad-free option.
Fines and Penalties
The company could face fines amounting to 10% of its annual global revenues if found guilty under the Digital Markets Act.
Regulatory Scrutiny
This case sheds light on the increasing regulatory focus on tech giants and the importance of compliance to prevent severe financial consequences.
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