“Our office is available 24 hours, 7 Days a week. Post Coronavirus, we mainly operate remotely and we are available in our office by appointment. We have several representatives available to take care of your needs however we understand the need to sometimes come into our place of business in order for you to meet with one of our Protection Specialists and discuss your concerns. We highly value the person to person relationship and are readily available to meet with you in person”.
888-995-6019 Office No Ext. 813-995-6013 x 101 Direct.
Email: info@centurioninsuranceafs.com

Facebook Faces $3.7B UK Mass Action Over Market Dominance *Centurion Insurance AFS*

Feb 15, 2024 (0) comment , , , , , , , , ,


Facebook must face a collective lawsuit valued at around 3 billion pounds ($3.77 billion) over allegations the social media giant abused its dominant position to monetise users’ personal data, a London tribunal ruled on Thursday.

Legal academic Liza Lovdahl Gormsen, who is bringing the case on behalf of around 45 million Facebook users in the UK, says users were not properly compensated for the value of personal data they had to provide.

The Competition Appeal Tribunal (CAT) initially refused to give the go-ahead to the case against Facebook’s parent company Meta Platforms Inc., which has previously said the lawsuit is “entirely without merit.”

But the CAT ruled on Thursday that a revised claim put forward by Gormsen’s lawyers should be allowed to proceed towards a trial.

Judge Marcus Smith said in a written ruling that a final hearing in the case could be heard in “the first half of 2026 at the latest.”

(Reporting by Sam Tobin)

Was this article valuable?

Here are more articles you may enjoy.

The most important insurance news,in your inbox every business day.

Get the insurance industry’s trusted newsletter


Source link

Comment (0)

Leave a Comments