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The Independent UK
The Independent UK
Technology
Anthony Cuthbertson

Meta faces record-breaking fine after being accused of breaking EU rules

Meta Facebook European Union Commission
Copyright 2022 The Associated Press. All rights reserved

The European Union has accused Meta of breaking antitrust rules relating to its online classified ad business.

The Facebook owner faces a fine of up to 10 per cent of its annual global revenue if found guilty, which would be an $11.8 billion fine if applied to the firm’s latest financial results.

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