Meta Faces Lawsuit From Spanish Media Over Advertising Practices -- Update
December 04 2023 - 9:07AM
Dow Jones News
By Mauro Orru
A group representing more than 80 media outlets in Spain filed a
lawsuit against Meta Platforms, saying the Facebook and Instagram
owner hadn't complied with European data-protection laws that
require users' consent before their data are used for advertising
profiling.
The Asociacion de Medios de Informacion said Monday that it was
seeking more than 550 million euros ($598.6 million) from Meta,
citing the "massive" and "systematic" use of personal data by the
group's platforms without users' consent that handed Meta an
"unfair" advantage in the advertising market.
AMI alleged Meta hadn't complied with European data-protection
regulations from May 25, 2018, until earlier this year. AMI
represents some of Spain's largest media publications, including El
Mundo, El Pais, El Economista and Cinco Dias.
Meta hasn't yet received any legal claims or documents from
AMI.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
December 04, 2023 08:52 ET (13:52 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Meta Platforms (NASDAQ:META)
Historical Stock Chart
From Oct 2024 to Nov 2024
Meta Platforms (NASDAQ:META)
Historical Stock Chart
From Nov 2023 to Nov 2024