Facebook parent Meta faces $ 3.1B UK class action lawsuit for breach of competition law

Facebook’s parent company is facing one class action in the UK for breach of competition law, according to a report.

The application accuses the parent company, California-based Meta, of abusing its dominance of social network in the UK for several years according to TechCrunch.

The indictment comes from a legal expert in competition, backed by a powerful litigation fund.

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The suit. If successful, Facebook would pay $ 3.1 billion in compensation to Facebook users in the UK.

The trial was brought before the UK Competition Appeal Tribunal in London.

Facebook CEO Mark Zuckerberg's earnings

Facebook CEO Mark Zuckerberg. (Associated Press) (AP Newsroom)

The case claims that Facebook will have to pay its 44 million UK users compensation for the use of their data between 2015 and 2019.

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It says that Facebook took all personal and private data from its users, and in return, all its users actually got the ability to send pictures of babies and kittens to their friends and families.

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The action is initiated by international competition law expert Dr. Liza Lovdahl Gormsen.

She claims that Facebook set an “unfair price” for UK Facebook users.

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TechCrunch contacted Facebook and asked for a comment, but had not yet received a response.

Financial backing for the case comes from Innsworth, one of the largest litigation funders in the world.

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