Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Facebook to face $3.7 billion class action suit over market dominance

February 16, 2024 Reprints

U.K.’s Competition Appeal Tribunal on Feb. 15 ruled that Meta Platforms, Inc.-owned Facebook must face a £3 billion ($3.77 billion) class action lawsuit over claims that the social media giant abused its dominant position to monetize the personal data of its users, Reuters reported. Liza Gormsen, a legal academic, is bringing the case on behalf of around 45 million Facebook users in the U.K.

1. Tornado causes massive industrial destruction
2. Private equity firm to sell stake in Korean insurer for $1.4 billion
3. Pharmacy chain shuts stores due to cyber attack
4. Insured property losses from UAE floods could reach $850 million
5. Russian court blocks JPMorgan Chase funds in VTB proceedings
6. Heavy rains, massive floods cause dam to collapse

Help

Facebook to face $3.7 billion class action suit over market dominance

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources