Facebook Faces $3.7B UK Mass Action Over Market Dominance
Facebook must face a collective lawsuit valued at around 3 billion pounds ($3.77 billion) over allegations the social media giant abused its dominant position to monetise users’ personal data, a London tribunal ruled on Thursday.
The Competition Appeal Tribunal (CAT) initially refused to give the go-ahead to the case against Facebook’s parent company Meta Platforms Inc., which has previously said the lawsuit is “entirely without merit.”
But the CAT ruled on Thursday that a revised claim put forward by Gormsen’s lawyers should be allowed to proceed towards a trial.
Judge Marcus Smith said in a written ruling that a final hearing in the case could be heard in “the first half of 2026 at the latest.”
(Reporting by Sam Tobin)