Facebook must face $3.7 bln UK mass action over market dominance, tribunal rules
[ad_1]
Facebook must face a collective lawsuit valued at around 3 billion pounds ($3.77 billion) over allegations the social media giant abused its dominant position to monetise users' personal data, a London tribunal ruled on Thursday.Legal academic Liza Lovdahl Gormsen, who is bringing the case on behalf of around 45 million Facebook users in the UK, says users were not properly compensated for the value of personal data they had to provide. The Competition Appeal Tribunal (CAT) initially refused to give the go-ahead to the case against Facebook's parent company Meta Platforms Inc, which has previously said the lawsuit is "entirely without merit". We are on WhatsApp Channels. Click to join. But the CAT ruled on Thursday that a revised claim put forward by Gormsen's lawyers should be a...
