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The executive arm of the European Union isnt shying away from slapping major tech companies with hefty fines. The European Commission has fined Meta 797.12 million ($842 million) for violating antitrust regulations. The EC says that by tying Facebook Marketplace to Facebook and imposing unfair trading conditions on other online classified ads service providers, Meta abused its dominant positions" in the social networking space. Regulators determined that all Facebook users are regularly exposed to Marketplace, even if they dont want to be. To that end, the link between the two services gives Meta a substantial distribution advantage which competitors cannot match. In addition, the EC found that third-party classified ads services that advertised on the likes of Facebook and Instagram were subject to unfair trading conditions. This allows Meta to use ads-related data generated by other advertisers for the sole benefit of Facebook Marketplace, regulators contended. The fine was determined based on the duration and extent of the infringement, as well as Metas revenue. The Commission also told Meta to end the practice and avoid repeating such conduct or trying something similar. Meta said it will appeal the ruling. This decision ignores the realities of the thriving European market for online classified listing services and shields large incumbent companies from a new entrant, Facebook Marketplace, that meets consumer demand in innovative and convenient new ways, it claimed. The company is trying to appease European regulators on other fronts. The EC said in the preliminary findings of an ongoing investigation that Meta violated the Digital Markets Act with its approach to an ad-free subscription, as it required EU users to consent to highly targeted advertising or pay to avoid it. This week, Meta lowered the monthly subscription fee and said it would offer an advertising option that won't use as much of a user's data, though this will include some unskippable ads.This article originally appeared on Engadget at https://www.engadget.com/big-tech/eu-fines-meta-842-million-in-a-facebook-marketplace-antitrust-case-154111594.html?src=rss
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Marketing and Advertising
Were big Lego fans here at Engadget, so its not difficult for us to understand why the building block sets are some of the first items to sell out during the holiday shopping season. Kids and adults alike seek out Lego sets all year round, and they make particularly good gifts. Whether you know your recipient loves Star Wars or Super Mario, or they dont have a fan-favorite franchise and just love building stuff, there are Lego sets out there that all kinds of people will love. And no, they dont all cost hundreds of dollars some, like seasonal advent calendars, come in at $50 or less. If youve got a Lego lover on your holiday shopping list (or if that person is you), these are the best Black Friday Lego deals for 2024 that we found. The highlights for Black Friday include a couple of Lego advent calendars: one for Disney fans and another that's more general for all kids. Lego makes a bunch of other advent calendars in addition to these, and we expect to see more of them go on sale in the coming days. There's also the beautiful Insect Collection, which when completed, includes three life-size, posable models of a butterfly, Hercules beetle and Chinese mantis. Even as someone who detests bun appreciate the elegance of this set and how striking they'd look sitting on a shelf. Star Wars, Super Mario and Harry Potter sets have been discounted as well. This Phantom Menace Mos ESPA Podrace Diorama set has brick models of Anakin Skywalkers podracer and his rival Sebulbas one as well, and this discount is a new low. This King Boo's Haunted Mansion set is on sale for the first time since launch, and in addition to the brick mansion that opens out for better play, it includes King Boo, Yellow Baby Yoshi, Dry Bones and Boo figurines. Finally, this Expecto Patronum set lets you build two different figures from the series, Harry Potters stag patronus or Professor Remus Lupins wolf patronus, with the same bricks. We'll be updating this post through the entire Black Friday and Cyber Monday time period, so check back for the latest offers. Black Friday Lego deals Lego Friends Advent Calendar 42637 for $21.19 (36 percent off) Lego Classic Medium Creative Brick Box 10696 for $22.50 (36 percent off) Lego Technic Planet Earth and Moon in Orbit Building Set 42179 for $60 (20 percent off) Lego Ideas The Insect Collection 21342 for $64 (20 percent off) Lego Marvel Dancing Groot 76297 for $36 (20 percent off) Lego Disney Advent Calendar 43253 for $35 (23 percent off) Lego Super Mario Yoshis Egg-cellent Forest Expansion Set 71428 for $7 (28 percent off) Lego Super Mario Nabbit at Toads Shop Expansion Set 71429 for $12 (40 percent off) Lego Super Mario Bowsers Muscle Car Expansion Set 71431 for $24 (20 percent off) Lego Super Mario Piranha Plant 71426 for $48 (20 percent off) Lego Super Mario King Boo's Haunted Mansion 71436 for $60 (20 percent off) Lego Star Wars: The Clone Wars Captain Rex Y-Wing Microfighter Building Set 75391 for $10 (23 percent off) Lego Star Wars: The Mandalorian Ambush on Mandalore Battle Pack 75373 for $16 (20 percent off) Lego Star Wars Spider Tank 75361 for $32 (36 percent off) Lego Star Wars: A New Hope Boarding The Tantive IV Fantasy Toy 75387 for $44 (20 percent off) Lego Star Wars Droideka Model 75381 for $52 (20 percent off) Lego Star Wars: The Phantom Menace Mos ESPA Podrace Diorama 75380 for $60 (25 percent off) Lego Harry Potter Hedwig at 4 Privet Drive 76425 for $16 (20 percent off) Lego Harry Potter Hogwarts Castle Owlery Toy 76430 for $36 (20 percent off) Lego Harry Potter Expecto Patronum Collectible 2-in-1 Building Set 76414 for $56 (20 percent off) Lego Harry Potter Hogwarts Castle and Grounds 76419 for $136 (20 percent off) Check out all of the latest Black Friday and Cyber Monday deals here.This article originally appeared on Engadget at https://www.engadget.com/deals/the-best-lego-black-friday-deals-include-up-to-40-percent-off-star-wars-super-mario-sets-150013438.html?src=rss
Category:
Marketing and Advertising
The who, why, and where of work are changing. But how? And what steps are professionals taking to keep up with these shifts? To find out, researchers at LinkedIn examined a wide range of data sources. Read the full article at MarketingProfs
Category:
Marketing and Advertising
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