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Meta nears deal with EU regulators on “pay or consent” model, Financial Times reported
- Meta and the EU Commission are close to reaching a workable solution regarding the “pay or consent” model, Financial Times reported citing European officials.
- The officials said the most sensitive remaining issue in the talks is ensuring users can easily find and navigate the different options that Meta is offering.
- Meta confirmed to the Financial Times that negotiations are ongoing and constructive.
- I estimated that such severe changes could lead to a $3.8 billion revenue headwind in 2025.