Spanish media's $600M suit against Meta is based on GDPR noncompliance.

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  • Additional Information
    • Subject Terms:
      AMERICAN Megatrends Inc. 932619646 ; META Platforms Inc.
    • Abstract:
      Spanish media company, the Information Media Association (AMI), is suing Meta, the parent company of Facebook, for $600 million over alleged violations of the EU's General Data Privacy Regulation (GDPR). AMI claims that Meta's personalized advertising practices, based on its large user base, give it an unfair advantage in the advertising market in Europe. If successful, this lawsuit could set a precedent for similar cases against Meta across Europe. The AMI argues that Meta's disregard for privacy regulations has caused damage to Spanish media companies who rely on advertising revenue for their sustainability. [Extracted from the article]