Meta Platforms Inc’s Facebook lost its fight at the European Union’s top court to topple a German antitrust decision that imposed an overhaul of the US tech firm’s business model.
The EU’s Court of Justice ruled that Germany’s Federal Cartel Office didn’t overstep its powers when it slapped the social media firm with its landmark 2019 order. The move followed a path-breaking antitrust probe that simultaneously looked into Facebook’s alleged violations of the EU’s strict data protection rules.
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