Latest news with #regulators
Yahoo
17 hours ago
- Business
- Yahoo
Exclusive-Meta says EU antitrust regulators are discriminating against its business model
BRUSSELS (Reuters) -Meta Platforms on Friday criticised EU antitrust regulators for moving the goalpost as the U.S. company seeks to comply with an order targeting its pay-or-consent business model. The tech giant said the European Commission had discriminated against its business model and that it had nevertheless engaged constructively in discussions and introduced extensive changes. "We are confident that the range of choices we offer people in the EU doesn't just comply with what the EU's rules require - it goes well beyond them," a Meta spokesperson said.
CNA
19 hours ago
- Business
- CNA
Exclusive-Meta says EU antitrust regulators are discriminating against its business model
BRUSSELS :Meta Platforms on Friday criticised EU antitrust regulators for moving the goalpost as the U.S. company seeks to comply with an order targeting its pay-or-consent business model. The tech giant said the European Commission had discriminated against its business model and that it had nevertheless engaged constructively in discussions and introduced extensive changes. "We are confident that the range of choices we offer people in the EU doesn't just comply with what the EU's rules require - it goes well beyond them," a Meta spokesperson said.
Asharq Al-Awsat
20 hours ago
- Business
- Asharq Al-Awsat
Meta Will Only Make Limited Changes to Pay-or-consent Model
Meta Platforms will only make limited changes to its pay-or-consent model rolled out in November 2024 and EU antitrust regulators cannot verify for now if the changes are sufficient to comply with an EU antitrust order, the European Commission said on Friday. "With this in mind, we will consider the next steps, including recalling that continuous non-compliance could entail the application of periodic penalty payments running as of 27 June 2025, as indicated in the non-compliance decision," a Commission spokesperson said in an email.
CNA
20 hours ago
- Business
- CNA
Exclusive-Meta will only make limited changes to pay-or-consent model, EU says
BRUSSELS :Meta Platforms will only make limited changes to its pay-or-consent model rolled out in November 2024 and EU antitrust regulators cannot verify for now if the changes are sufficient to comply with an EU antitrust order, the European Commission said on Friday. "With this in mind, we will consider the next steps, including recalling that continuous non-compliance could entail the application of periodic penalty payments running as of 27 June 2025, as indicated in the non-compliance decision," a Commission spokesperson said in an email.
Reuters
20 hours ago
- Business
- Reuters
Exclusive: Meta will only make limited changes to pay-or-consent model, EU says
BRUSSELS, June 27 (Reuters) - Meta Platforms (META.O), opens new tab will only make limited changes to its pay-or-consent model rolled out in November 2024 and EU antitrust regulators cannot verify for now if the changes are sufficient to comply with an EU antitrust order, the European Commission said on Friday. "With this in mind, we will consider the next steps, including recalling that continuous non-compliance could entail the application of periodic penalty payments running as of 27 June 2025, as indicated in the non-compliance decision," a Commission spokesperson said in an email.
