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0 0.000682128240109037 0.00121267242686063 0.00133393966954676 0.00145520691223272 0.00103077156283151 0.000848870698802403 0.00751856904653619
Stock impact report

Meta warned EU plans to impose measures on tech giant to reverse WhatsApp AI policy [MSNBC.com]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: MSNBC.com
The European Commission has toldMetaOn Monday, the EU informed the company that its preliminary view was that it had "breached" EU antitrust rules. The investigation is still ongoing, and measures are subject to Meta's reply and rights of defense, the Commission said.The bloc's Commissioner for Competition, Teresa Ribera, said it would prevent "dominant tech companies to illegally leverage their dominance to give themselves an unfair advantage" to protect "effective competition."" markets are developing at rapid pace, so we also need to be swift in our action. That is why we are considering quickly imposing interim measures on Meta, to preserve access for competitors to WhatsApp, while the investigation is ongoing, and avoid Meta's new policy irreparably harming competition in Europe," she added.In October, Meta announced an update to its WhatsApp Business Solution Terms, "effectively" banning third-party general-purpose assistants from the application, theA Commission spokesperson t Show less Read more
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