Facebook faces £2.3 billion lawsuit in the UK over exploiting personal data

Meta Platforms, the parent company of Facebook, is facing a lawsuit in the UK worth over £2.3 billion (approx. $3.2 billion), following allegations of abusing its market position to gather and exploit the personal data of 44 million people. Liza Lovdahl-Gormsen, а senior adviser with Britain’s Financial Conduct Authority (FCA) is filling the case on behalf of all British people who used Facebook between 2015 and 2019. The allegation is Facebook made billions of pounds by imposing unfair terms and conditions to users, demanding from them to surrender valuable personal...