$3.7 bln UK mass action against Facebook over market dominance rejected - for now

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$3.7 bln UK mass action against Facebook over market dominance rejected - for now
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Facebook on Monday temporarily fought off 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.

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However, a London tribunal gave the proposed claimants' lawyers up to six months to "have another go" at establishing any alleged losses by users., the parent company of the Facebook group, faces a mass action brought on behalf of around 45 million Facebook users in Britain.

Legal academic Liza Lovdahl Gormsen, who is bringing the case, says Facebook users were not properly compensated for the value of personal data they had to provide to use the platform.under the UK's collective proceedings regime – which is roughly equivalent to the class action regime in the United States.

But the Tribunal ruled on Monday that Lovdahl Gormsen's methodology of establishing any losses suffered by Facebook users needed "root-and-branch re-evaluation" for the case to continue.

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