--Facebook parent firm Meta Platforms Inc. is being sued in the U.K. for at least 2.3 billion pounds ($3.15 billion) over claims that more than 44 million users had their data exploited, Sky News reports.

--Dr. Liza Lovdahl Gormsen, an expert in competition law, has launched the class-action lawsuit at the Competition Appeal Tribunal claiming that the social-media site used its market dominance to compel users to agree to terms and conditions that allowed it to generate money from their data while users received no returns, Sky News reports.

--A Meta spokesman said: "[People] choose our services because we deliver value for them and they have meaningful control of what information they share on Meta's platforms and who with."

 

Full story: https://bit.ly/3nrG9LH

 

Write to Joe Hoppe at joseph.hoppe@wsj.com

 

(END) Dow Jones Newswires

January 14, 2022 01:29 ET (06:29 GMT)

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