• Multi-billion pound Facebook data-sharing lawsuit given green lig

    From TechnologyDaily@1337:1/100 to All on Fri Feb 16 10:45:05 2024
    Multi-billion pound Facebook data-sharing lawsuit given green light in the UK

    Date:
    Fri, 16 Feb 2024 10:40:37 +0000

    Description:
    After vacuuming up so much data, will Meta clean up its act?

    FULL STORY ======================================================================

    A lawsuit being brought against Facebook owner Meta on behalf of 45 million people has been given the green light in the UK.

    The suit , brought forward by Dr Liza Lovdahl Gormsen, claims that Facebook created conditions of access that require significant access to data on non-Facebook platforms such as Instagram.

    Meta has dismissed this claim and a previous claim refused in 2023 as
    entirely without merit and we will vigorously defend against them." Data-hungry Facebook always wants one more byte

    The claim proposes that Facebook abused its market dominance within the
    social media industry to make access to the platform a take-it-or-leave-it offer, as a condition of access is giving Facebook permission to use Off-Facebook data.

    As a result of this, the claim states that Facebook has caused its UK users
    to suffer loss and damage, in particular because they have not been
    adequately compensated for the commercial value of their data collected and monetised by Facebook concerning their activities off Facebooks social media site.

    The claim will be heard at the Competition Appeal Tribunal, a specialist body focusing on competition and economic regulation, and is seeking damages in
    the range of between $2.6 - 3.9 (2.07 - 3.1) billion.

    If the claim succeeds, the compensation would be available to those who have had a Facebook account between February 2016 and October 2023. Facebook-owner Meta previously paid out $725 (583) million in a US privacy case in 2023.
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    Link to news story: https://www.techradar.com/pro/multi-billion-pound-facebook-data-sharing-lawsui t-given-green-light-in-the-uk


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