KATE THOMPSON DAVY: Meta’s mega monopoly on our data under the microscope

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 10%
  • Publisher: 63%

Advertising accounts for 98% of Meta’s global income. The class-action suit is seeking an estimated £2.3bn damages, which would go to the 44-million UK users of the platform if it is successful 🔒

South Africa Latest News, South Africa Headlines

Last week a rather bold and ambitious class-action lawsuit was lodged with the UK’s Competition Appeal Tribunal. Competition law expert Liza Lovdahl Gormsen is suing Meta for breach of competition law.

Gormsen is the director of the Competition Law Forum and a senior research fellow at the British Institute of International & Comparative Law. She’s been vocal on the matter for a while, presenting to UK parliamentarians on Facebook’s market dominance and authoring academic research on the topic...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.