LONDON—Facebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the social media giant abused its dominant position to monetize users’ personal data.
However, a London tribunal gave the proposed claimants’ lawyers up to six months to “have another go” at establishing any alleged losses by users.
Meta Platforms Inc., the parent company of the Facebook group, faces a mass action brought on behalf of around 45 million Facebook users in Britain.
Legal academic Liza Lovdahl Gormsen, who is bringing the case, says Facebook users were not properly compensated for the value of personal data they had to provide to use the platform….