meta Meta suffers major blow to critical ad model as EU threatens huge fines Company formerly known as Facebook slammed over "pay or consent" model which "fails to comply" with EU rules designed to stimulate competition in digital markets. Jasper Hamill Jul 01, 2024 - 3 min read The company formerly known as Facebook is the latest big tech giant to take flak from the European Commission (Image: Unsplash - Laura Rivera) Get the full story: Subscribe for free Join peers managing over $100 billion in annual IT spend and subscribe to unlock full access to The Stack’s analysis and events. Subscribe now Already a member? Sign in