Meta may face daily fines over pay-or-consent model, EU warns
Foo Yun Chee
©Reuters
Today at 05:13
Meta Platforms may face daily fines if limited changes that it has proposed to its pay-or-consent model fail to comply with an antitrust order issued in April, EU regulators warned on Friday.
The warning from the European Commission, which acts as the EU competition enforcer, came two months after it slapped a 200-million-euro ($234 million) fine on the U.S. social media giant for breaching the Digital Markets Act (DMA) aiming at curbing the power of Big Tech.
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