French antitrust watchdog orders Meta to resume talks over fees for publishing content

Meta Platforms

Meta Platforms

META

0.00

PARIS, July 8 (Reuters) - France's competition authority on Wednesday ordered Meta Platforms META.O to resume negotiations with French media groups over remuneration for publishing content, following a complaint by the publishers after previous talks collapsed.

The authority, which said Meta should have a payment plan in place within 15 days, found the practices employed by Meta were likely to constitute an abuse of its dominant position.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.