Facebook faces a $3.2 billion lawsuit

Facebook faces a $3.2 billion class action lawsuit in the UK for allegedly abusing its dominant market position by exploiting the personal data of 44 million users.

Liza Lovdahl Gormsen, a senior adviser to the UK’s Financial Conduct Authority (FCA), said it will represent Facebook users from 2015 to 2019 in the UK to bring this lawsuit.

Facebook faces a $3.2 billion lawsuit

The case, which will be heard by the Court of Appeal for Competition (CAT) in London, alleges Facebook made billions of pounds by imposing unfair terms and conditions requiring consumers to turn over their data. valuable personal data to access the system.

Quinn Emanuel Urquhart & Sullivan, the law firm representing Lovdahl Gormsen, notified Facebook of the complaint.

“In the 17 years since it was created, Facebook has become the only social network in the UK where you can easily connect with friends and family from anywhere. However, Facebook has a dark side, it has abused its market dominance to exploit the personal data of users in the UK,” Lovdahl Gornsen said.

Lovdahl Gormsen also alleges that Facebook collects data within its platform and through mechanisms like the Facebook Pixel, allowing it to build a “big picture” of Internet usage and create deep data profiles that can high value.

Facebook says people use its service because it brings value, users have complete control over what information they post on Facebook and with whom they share it.

The incident comes just days after the Federal Trade Commission (FTC) rejected Facebook’s appeal efforts in its antitrust lawsuit. This is one of the biggest US challenges for a technology company in decades, as the country tries to control the expansion of tech giants.

Huong Dung(According to Reuters)

Talents who have left Facebook in 2021

Talents who have left Facebook in 2021

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