EU charges Meta with violating competition rules

European antitrust regulators have charged Meta with violating the EU's competition law. Brussels has found Meta's new "pay or consent" advertising model in breach of the Digital Markets Act, which is designed to ensure fair competition and rein in the power of Big Tech. Plus, French shares soar after the far-right National Rally won the most votes in Sunday's first round of legislative elections, despite projections pointing to a hung parliament. 

Jul 2, 2024 - 16:00
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EU charges Meta with violating competition rules
European antitrust regulators have charged Meta with violating the EU's competition law. Brussels has found Meta's new "pay or consent" advertising model in breach of the Digital Markets Act, which is designed to ensure fair competition and rein in the power of Big Tech. Plus, French shares soar after the far-right National Rally won the most votes in Sunday's first round of legislative elections, despite projections pointing to a hung parliament.