Meta Platforms reduces Facebook/Instagram EU subscription fee from 9.99 to 5.99 euros amid privacy & antitrust criticisms.

Meta Platforms has proposed to reduce its monthly subscription fee for Facebook and Instagram in Europe from 9.99 euros to 5.99 euros in response to criticism from privacy and antitrust regulators. The move came after Meta launched its ad-free subscription service in November to comply with the Digital Markets Act, which limits its ability to personalize ads for users without their consent. The company aims to balance EU privacy laws and the Digital Markets Act with the fee adjustment.

March 19, 2024
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