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EU Set to Fine Meta $16 Billion as Trump Administration Prepares Tariffs

The European Union is expected to announce record fines over Meta's advertising practices, while Mark Zuckerberg lobbies President Trump to counter escalating regulatory tensions.

Overview

  • The European Union is poised to fine Meta up to $16 billion for violating the Digital Markets Act with its 'pay or consent' advertising model.
  • Meta may be required to offer European users free access to Facebook and Instagram without personalized ads, threatening a significant revenue stream.
  • Mark Zuckerberg has aligned Meta's policies with President Trump, removing fact-checkers and diversity initiatives while lobbying for U.S. intervention against EU penalties.
  • The Trump administration is expected to announce tariffs on the European Union, potentially escalating the regulatory and trade conflict.
  • Meta has proposed a 'less personalized ads' option to comply with EU regulations but remains concerned about the financial implications of such changes.

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