The lawsuit alleges that Facebook made millions of dollars by imposing unfair terms and conditions.

The lawsuit alleges that Facebook made millions of dollars by imposing unfair terms and conditions.

The lawsuit alleges that Facebook made millions of dollars by imposing unfair terms and conditions.

Facebook

Facebook, now known as Meta, faces a class action lawsuit of more than 3,200 million dollars (2,790 million euros) in the United Kingdom for accusation of market abuse and exploiting the personal information of 44 million users, according to reports Reuters.

The lawsuit has been brought by Liza Lovdahl Gormsen, a senior adviser to the UK’s Financial Conduct Authority (FCA) watchdog and a competition law scholar, who said she would bring the case on behalf of people in the UK who they had used Facebook between 2015 and 2019.

“In the 17 years since it was created, Facebook became the only social network in the UK where you could be sure to connect with friends and family in one place,” explained Lovdahl Gornsen.

In addition, he also stresses that “there was a dark side to Facebook; abused its market dominance to impose unfair terms and conditions on ordinary Britons, giving them the power to exploit their personal data.”

Unfair terms of use

Lovdahl Gormsen noted that Facebook collected data within its platform and through mechanisms such as the Facebook Pixel, allowing it to build an “all-seeing picture” of internet usage and build valuable, deep data profiles of users.

The lawsuit alleges that Facebook made millions of dollars by impose unfair terms and conditions that required consumers to hand over valuable personal data to access the network.

Notably, the case comes days after Facebook lost an attempt to overturn an antitrust lawsuit from the Federal Trade Commission (FTC)one of the US government’s biggest challenges against a technology company in decades, as Washington tries to address the vast market power of Big Tech.

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