Meta remains in talks with EU on addictive features
Get Alerts META Hot Sheet
Join SI Premium – FREE
Investing.com -- The European Commission continues to hold discussions with Meta Platforms Inc following preliminary findings from two years ago that determined the company violated the Digital Service Acts through addictive design features on Facebook and Instagram, Commission spokesperson Thomas Regnier said on Wednesday.
Regnier declined to comment on a settlement Meta reached with nearly all U.S. states that included an $18 billion payment and a series of commitments.
The company retains the option to propose commitments to the EU, Regnier said in a statement.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA Securities on Meta Platforms Inc. (META): 'Settlement reduces uncertainty; AI catalysts back in focus'
- Surge Digital Inc. Announces Completion of Name Change and Share Consolidation
- OpenAI expands ChatGPT for Teachers to 100,000 more educators
Create E-mail Alert Related Categories
InvestingRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share