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antitrust suitsTechCrunch
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Facebook U.K. class action-style competition lawsuit is moving ahead.
Suit is seeking damages worth a minimum of $ 2.7B at current exchange rates.
Law expert Dr Liza Lovdahl Gormsen , a competition law expert, is suing Facebook over claims that it exploited users' personal data in an “unfair bargain” Lawsuit covers 46 million users of Meta services in the UK between February 14, 2016 and October 6, 2023 .
The lawsuit could set a precedent for how competition law might be applied by individuals in their own legal actions, as well as in other class-action style antitrust suits.
On paper, the biggest fine that Meta has faced over data violations in Europe so far has been $1.3 billion .
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