Meta Facing $600m Fine In Spain
Meta Facing $600m Fine Over Possible Data Protection Laws Violations.
Meta is facing a new legal challenge in Spain, with a coalition of Spanish media outlets seeking $600 million in damages for alleged antitrust violations.
The group, which represents 83 media outlets, claims that Meta has repeatedly violated the EU General Data Protection Regulation (GDPR) by collecting user data without consent. This data is used to target advertising, giving Meta an unfair advantage over traditional media outlets.
The lawsuit alleges that Meta's data collection practices have stifled competition in the Spanish advertising market. By collecting data without consent, Meta has created a monopoly on user data, which it has used to target advertising more effectively than traditional media.
The lawsuit is the latest in a series of legal challenges facing Meta in Europe. The company was fined billions of euros by EU regulators for antitrust violations and is currently facing a separate lawsuit from the French government for its data collection practices.
The lawsuit in Spain is likely to be closely watched by other EU countries, as it could have implications for Meta's data collection practices across the continent. If the Spanish court rules in favor of the media coalition, it could open the door to similar lawsuits in other EU countries.
Meta has yet to formally respond to the lawsuit, but in a statement to Reuters, the company said the company is committed to complying with the GDPR. "We believe we have always operated in compliance with the GDPR," the statement said. "We are reviewing the complaint and will respond accordingly."
Affiliate Flash’s Take:
The lawsuit is likely to be a long and expensive battle for both Meta and the media coalition. It remains to be seen how the court will rule, but the case could have significant implications for the future of online advertising.