Facebook faces $ 3.2 billion in UK for doing well in the Reuters Subscriber market


© Reuters. PHOTOS: A woman has a mobile phone with the Facebook logo in front of the new Facebook Meta logo on this photo taken on October 28, 2021. REUTERS / Dado Ruvic / Illustration / File

By Kirstin Ridley

LONDON (Reuters) – Facebook (NASDAQ :), now known as Meta Platforms, is facing a 2.3 billion aggregate ($ 3.2 billion aggregate) group in Britain over allegations of abusing its market control using 44 million data. users.

Liza Lovdahl Gormsen, senior adviser to Britain’s Financial Conduct Authority (FCA) and a law student rival, said she was bringing the matter up on behalf of the British people who used Facebook between 2015 and 2019.

The lawsuit, which will be heard by London’s Competition Appeal Tribubal, claims that Facebook made billions of dollars by imposing unethical laws that require consumers to provide personal information to use the Internet.

Quinn Emanuel Urquhart & Sullivan, a law firm representing Lovdahl Gormsen, informed Facebook of the allegations.

Facebook said people use its services because it helps them and “better manages what they share on Meta platforms and with whom.”

The lawsuit comes just days after Facebook failed to file a lawsuit against the Federal Trade Commission (FTC), one of the biggest challenges facing the US government against a technology company over the years as Washington tries to tackle the Big Tech market.

“In the 17 years since its inception, Facebook has become the only social networking site in the UK where you can be sure to connect with your friends and family in one place,” said Lovdahl Gornsen.

“However, Facebook was evil; it misused its market power to force ordinary people in Britain, giving them the power to destroy what they knew.”

Lovdahl Gormsen says Facebook collected data within its platform and through channels like the Facebook Pixel, allowing it to create a “clear picture” of internet use and create a valuable, in-depth user profile.

The actions of the exit group, such as those of Lovdahl Gormsen, bind a group known to prosecute only when people are out.

($ 1 = 0.7277 pounds)

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