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The lawsuit settlement isn’t likely to have much, if any, impact on Meta Platforms’ price. The company regularly deals with lawsuits, and any short-term dips related to this news can present a ...
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
United States v. Google LLC is an ongoing federal antitrust case brought by the United States Department of Justice (DOJ) against Google LLC on January 24, 2023. [2] The suit accuses Google of illegally monopolizing the advertising technology (adtech) market in violation of sections 1 and 2 of the Sherman Antitrust Act of 1890.
The settlement represents the company's largest multi-state agreement to date to end a string of disputes over its allegedly deceptive ads targeting children.
Fraley, et al. v. Facebook, Inc., et al. is a class action lawsuit filed in California against Facebook alleging misappropriation of Facebook users' names and likenesses in advertisements called "Sponsored Stories". The case resulted in the parties reaching a settlement.
The total value of the settlement will be about $7.25 billion. [9] [10] This amount could be decreased based on the number of plaintiffs who opt-out. [11] A part of the settlement that allows merchants to charge fees to customers paying via credit card in order to recoup swipe fees took effect on January 27, 2013.
The government’s latest case against the tech giant centers on its alleged dominance of online advertising.
Oracle America agreed to settle a class-action lawsuit in May for $115 million over allegations that the company was tracking user activity online and offline, according to a complaint filed in a ...