Facebook could owe money to almost two thirds of people in the UK. That’s because Mark Zuckerberg’s firm, now called Meta, is facing a new lawsuit which, if it doesn’t go its way, could compel it to issue £50 payouts to 44million people that used Facebook between 2015 and 2019. Damages of over £2.3billion in total are being sought over claims Facebook used its market dominance to exploit the data of UK users.The lawsuit is being heard at London’s Competition Appeal Tribunal and alleges Facebook made billions imposing unfair terms and conditions that demanded users surrender valuable personal data to access the network.The legal action is being brought forward by Liza Lovdahl Gormsen, who is a senior adviser to Britain’s Financial Conduct Authority (FCA) watchdog and a competition law academic.Lovdahl Gormsen said she is acting on behalf of people in the UK that used Facebook between 2015 and 2019.She explained: “In the 17 years since it was created, Facebook became the sole social network in the UK where you could be sure to connect with friends and family in one place.”Yet, there was a dark side to Facebook; it abused its market dominance to impose unfair terms and conditions on…
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You might be owed £50 from Facebook as millions could get a payout | Express.co.uk
