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Facebook Faces GBP 2.3-Billion UK Class Action Over Market Dominance

Facebook, now known as Meta Platforms, faces a GBP 2.3 billion (roughly Rs. 23,420 crore)-plus class action in Britain over allegations it abused its market dominance by exploiting the personal data of 44 million users. Liza Lovdahl Gormsen, a senior adviser to Britain’s Financial Conduct Authority (FCA) watchdog and a competition law academic, said she was […]

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