EU antitrust regulators about to charge Meta, sources say


FILE PHOTO: A man stands in front of a sign of Meta, the new name for the company formerly known as Facebook, at its headquarters in Menlo Park, California, U.S. October 28, 2021. REUTERS/Carlos Barria/File Photo

BRUSSELS (Reuters) - EU antitrust regulators are drawing up charges against Facebook parent Meta over its use of customer data and the tying of its classified advertisements service to its social network, people familiar with the matter said, asking not to be named.

The European Commission, which can impose fines up to 10% of a company's global turnover for antitrust violations and Meta declined to comment.

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