Facebook parent company Meta is facing yet another legal challenge over user privacy, as a Spanish media company representing top media outlets in the country is suing the social media giant for $600 million for competitively unfair advertising practices based on noncompliance with the EU’s General Data Privacy Regulation (GDPR).
The Information Media Association (La Asociación de Medios de Información, or AMI), has filed a €550 million ($600 million) lawsuit against Meta, claiming Meta’s ability to design personalized advertising on its Facebook, Instagram and WhatsApp platforms based on its enormous user base represents an unfair competitive advantage in the advertising market in Europe, which includes media companies.
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Facebook parent company Meta is facing yet another legal challenge over user privacy, as a Spanish media company representing top media outlets in the country is suing the social media giant for $600 million for competitively unfair advertising practices based on noncompliance with the EU’s General Data Privacy Regulation (GDPR).The Information Media Association (La Asociación de Medios de Información, or AMI), has filed a €550 million ($600 million) lawsuit against Meta, claiming Meta’s ability to design personalized advertising on its Facebook, Instagram and WhatsApp platforms based on its enormous user base represents an unfair competitive advantage in the advertising market in Europe, which includes media companies.To read this article in full, please click here Read More Computerworld