Facebook Faces $3.2 Billion UK Class Action Over Abuse of Market Dominance

Meta Platforms earlier known as Facebook has been slapped with £2.3 billion ($3.2 billion) class-action lawsuit in the U.K. for allegedly abusing its market dominance to exploit the personal data of 44 million users. The lawsuit accuses Facebook of imposing unfair terms and conditions that required users to surrender valuable personal data to the company to access the social media platform.

The suit is brought by Liza Lovdahl Gormsen, a senior adviser to Britain’s Financial Conduct Authority and a competition law academic, on behalf of people in Britain who had used Facebook between 2015 and 2019. Quinn Emanuel Urquhart & Sullivan are the law firm representing Lovdahl Gormsen at London’s Competition Appeal Tribubal, where this case is set to be heard.

Lovdahl Gormsen acknowledges Facebook’s role in connecting people in one place, but is shaken by its abuse of its market dominance for imposing unfair terms and conditions on ordinary people.

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