Facebook seeks to block $3.7 billion UK mass action over market dominance

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 71%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Mass legal action was launched against Facebook in October 2020 for misuse of information from almost one million users in England and Wales. Read more at straitstimes.com.

over allegations the social media giant abused its dominant position to monetise users’ personal data.

Legal academic Liza Lovdahl Gormsen, who is bringing the case, said Facebook users were not properly compensated for the value of personal data that they had to provide to use the platform. But Meta said the lawsuit was “entirely without merit” and should not be allowed to proceed. Its lawyers said the claimed losses ignore the “economic value” Facebook provides.

A decision to certify collective proceedings will depend on whether the tribunal decides that the individual cases can appropriately be dealt with together, rather than on their merits.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 4. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Facebook seeks to block $3.7 billion UK mass action over market dominanceLONDON : Facebook on Monday asked a London tribunal to block a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the social media giant abused its dominant position to monetise users’ personal data.Meta Platforms Inc, the parent company of the Facebook group, is facing
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »

The future of Chinese tech stocks: Is it time to invest in them again?The Chinese stock market has seen a difficult two years. Starting with harsh regulatory crackdowns in late 2020, and then followed by strict Covid-19 lockdowns that saw entire cities grind to a standstill, the result was billions of dollars wiped off the books of China’s tech giants and once-promising enterprises. However, things are headed for a change. China is attempting...
مصدر: asiaonecom - 🏆 10. / 59 اقرأ أكثر »