In a first of its kind class action lawsuit, Facebook parent company Meta issued for $3.2 billion

In a first-of-its-kind action in the United Kingdom, Facebook parent company Meta is being sued for £2.3 billion ($3.2 billion) for allegedly abusing its dominant market position and misusing user information.

Competition policy expert Doctor Liza Lovdahl Gormsen, who announced the class-action complaint versus Meta on behalf of impacted UK Facebook users on Twitter on Friday, issued the social media giant.

"In the United Kingdom, Facebook is by far the most popular social networking site. However, there was a dark side to Facebook's ubiquity: it is said that it "abused its dominant market position to force unjust terms and conditions on regular Britons, giving it the power to exploit their personal information," according to Lovdahl Gormsen. "As many as 44 million Facebook members in the United Kingdom may have been abused by Facebook."

14 Jan 2022

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