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BrikoX

UK tribunal green-lights $2.7B Facebook collective action antitrust lawsuit (techcrunch.com)

submitted 3 weeks ago by BrikoX to c/legalnews

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As Meta faces off with antitrust regulators in the U.S. and Europe, a £2.1 billion+ Facebook U.K. class action-style competition lawsuit, which takes Meta’s market dominance as a given, is moving ahead after the social media giant lost a bid to have the litigation thrown out. The suit is seeking damages worth a minimum of some $2.7B at current exchange rates.

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