UK tribunal greenlights $2.7B Facebook collective action antitrust lawsuit | TechCrunch
News Source : TechCrunch
News Summary
- Facebook U
- K
- class action-style competition lawsuit is moving ahead after the social media giant lost a bid to have the litigation thrown out
- The suit is seeking damages worth a minimum of some $2
- 7B at current exchange rates
- The case relates to Facebook users and how their data is collected on Meta-owned products outside of Facebook as well as on third-party platforms
As Meta faces off with antitrust regulators in the U.S. and Europe, a 2.1 billion+ Facebook U.K. class actionstyle competition lawsuit, which takes Metas market dominance as a given, is moving ahea [+5614 chars]
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