Facebook users could be owed compensation amid UK lawsuit
The company is accused of abusing its market dominance, and the lawsuit is seeking a minimum of £2.3 billion in damages.
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The company is accused of abusing its market dominance, and the lawsuit is seeking a minimum of £2.3 billion in damages.
A competition legal expert, backed by a powerful litigation fund, is set to mount a multibillion-dollar class action suit against Facebook/Meta for breach of competition law on the basis that it abused its dominance of social networking in the U.K. for several years. If successful, the action would see Facebook having to pay $3.1 billion […]
The company is accused of abusing its market dominance, and the lawsuit is seeking a minimum of £2.3 billion in damages.
By Kirstin Ridley LONDON (Reuters) - Social media giant Facebook, now known as Meta Platforms, faces a 2.3 billion pound plus ($3.2 billion plus) clas...
The company is accused of abusing its market dominance, and the lawsuit is seeking a minimum of £2.3 billion in damages.