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UK tribunal green-lights $2.7B Facebook collective action antitrust lawsuit
As Meta faces off with antitrust regulators in the U.S. and Europe, a £2.1 billion+ Facebook U.K. class action-style competition lawsuit, which takes
Dr Liza Lovdahl Gormsen, a competition law expert, is suing the parent company of Facebook, Instagram and WhatsApp over claims that it exploited U.K. users’ personal data in an “unfair bargain” — based on the contention that users had no choice but to submit to Meta’s collection and processing of their information for the company’s ad profit because of its market dominance in social networking. In the latest development, the U.K.’s Competition Appeal Tribunal, the court which handles litigation relating to antitrust issues, certified the collective claim, allowing it to proceed to trial. Third, the case, if successful, 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 — a growing numberof which are being filedagainst tech giants spanning various business domains, from marketplaces and app stores to cloud computing.
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