European Union to slap Meta with fine up to $1B or more for breaching strict antitrust rules: sources [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
antitrust rules, The Post has learned – setting up a possible showdown with President Trump, who has compared the EU's penalties to “overseas extortion.” The European Commission, the EU's antitrust watchdog, is expected to conclude that Meta is not in compliance with the Digital Markets Act, sources close to the situation told The Post on Monday. The landmark law took effect in 2023 and applies tough competition rules on Meta and six other companies deemed internet gatekeepers. The fine is expected to be hundreds of millions of dollars and potentially more than $1 billion, the sources said. The EU's probe into the Facebook and Instagram parent company is expected to finish up as early as this week, with an announcement about the commission's enforcement action to follow immediately after, the insiders added. EU officials are also expected to hit Meta with a “cease-and-desist” notice, essentially informing the company of what it must change to get into compliance, according t
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META
News
- Former Trump advisor Dina Powell McCormick leaves Meta board after eight-month stint [CNBC]CNBC
- Market Outlook: Gold, power demand and small caps grab investor attention [BNN Bloomberg (Canada)]BNN Bloomberg
- Jim Cramer on Meta: “Kind of Ridiculously Cheap If You Like the Management as Much as I Do” [Yahoo! Finance]Yahoo! Finance
- AI whiz Yann LeCun is already targeting a $3.5 billion valuation for his new startup—and it hasn't even launched yet [Yahoo! Finance]Yahoo! Finance
- ByteDance Is Quietly Printing $50 Billion--and Might Soon Rival Meta [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 10/29/25 - Miss
META
Sec Filings
- 12/19/25 - Form 8-K
- 12/18/25 - Form 4
- 12/17/25 - Form 4
- META's page on the SEC website