European Union to slap Meta with fine up to $1B or more for breaching strict antitrust rules: sources

The European Union is set to slap Mark Zuckerberg’s Meta with a fine that could stretch as high as $1 billion or more over alleged violations of its strict competition rules – setting up a showdown with President Trump, who has compared the EU’s penalties to “overseas extortion.”

Mar 24, 2025 - 23:08
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European Union to slap Meta with fine up to $1B or more for breaching strict antitrust rules: sources
The European Union is set to slap Mark Zuckerberg’s Meta with a fine that could stretch as high as $1 billion or more over alleged violations of its strict competition rules – setting up a showdown with President Trump, who has compared the EU’s penalties to “overseas extortion.”