Meta Secures Legal Victory in EU Fee Dispute

Meta has achieved a significant, though largely procedural, legal victory against the European Union. The Luxembourg-based EU court sided with the technology giant in a case concerning how regulatory fees are calculated, raising questions about the European Commission’s methodology. While the ruling represents a judicial success, its immediate financial impact for the company and its shareholders appears limited.

The case centers on the annual supervisory fees mandated for large online platforms under the Digital Services Act (DSA). The European Commission had set a fee of up to 0.05% of a company’s global annual net income. For Meta, this translated to a bill of approximately ?11 million for 2023.

The court’s ruling identified a procedural flaw in how... Read more...