The social media kingpin Facebook which changed to Meta platforms, faces a $3.1 billion class-action in Britain.
The allegations state that the social media giants abused their market dominance by exploiting the personal data of 44 million innocent users.
Liza Lovdahl Gormsen, the Britain Financial Conduct (FCA) senior adviser, brings the case on behalf of UK citizens that used Facebook between 2015 and 2019. London’s competition appeal will hear the case
that alleges Facebook got billions of dollars through unfair terms and conditions that forced it to surrender critical personal data.
The law firm representing Lovdahl is Quinn Emanuel Urquhart & Sullivan. It has already notified Facebook about the claim.
Facebook argues that people love and use its service because it delivers value. It further stated that their users have meaningful control of their information on Meta’s platforms and with whom they share.
According to Lovdahl, “Facebook was created 17 years ago and has since become the sole network in UK and people rely on it to connect with friends and family”.
She further says Facebook has its dark side and has used its market dominance to impose unfair terms and conditions on ordinary Britons.
It has used its power to exploit the users’ data. Lovdahl Gormsen alleges that Facebook used Facebook Pixel to collect data within its platform.
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