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 Get the story, a weekly newsletter (you can turn that off if you want) and support independent journalism. Subscribe today. Subscribe now Already a member? Sign in