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Meta reportedly faces a fine of $13.4 billion from the EU for violating competition rules. According to insiders, Meta will face billions of dollars in fines from the EU for violating competition rules. Several informed sources said on Thursday that regulatory authorities are expected to announce fines soon. The antitrust authorities have accused this American company of linking its Facebook online network with Facebook Marketplace, which is unacceptable. The EU's punishment for Meta's violation of competition rules is expected to include a huge fine, which could reach up to $13.4 billion based on its global revenue according to competition rules.
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