Liza Lovdahl Gormsen, Director of the Competition Law Forum and Senior Research Fellow in Competition Law has filed a lawsuit against Meta for breaking the 1998 Competition Act.
According to Gormsen, users are cheated out of their personal data which she said makes 98% of Facebook’s income.
Gormsen explained that Facebook users are not being properly compensated by Meta by just allowing them to connect with friends and being able to post content online.
“They are exploiting users by taking their personal data without properly compensating them for taking that data. I don’t think the users are entirely clear when they click on the terms and conditions how unfair that deal is,” said Gormsen.
The lawsuit covered the period from 1 October 2015 to 31 December 2019 and was filed with the U.K.’s Competition Appeal Tribunal in London.
Gormsen would be represented by Quinn Emanuel Urquhart & Sullivan, LLP, while the case would be backed by Innsworth.
Lovdhal Gormsen’s lawyers have already written to Meta while there are no dates yet for the hearing.
“People access our service for free. They choose our services because we deliver value for them and they have meaningful control of what information they share on Meta’s platforms and whom. We have invested heavily to create tools that allow them to do so,” defended Meta.
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