Dr Lovdahl Gormsen alleges that the tech giant abused its market dominance by imposing unfair terms and conditions on UK users to exploit their personal data.
Since it was created in 2004, Facebook has become the biggest online social network and/or social media platform in the world, used by over two billion people every day.
However, Facebook abused its dominant position by imposing unfair terms and conditions on users. In order to access Facebook, users were required to give Facebook access to their highly valuable personal data. In return users only received “free” access to Facebook’s social network, and zero monetary recompense whilst Facebook generated billions in revenues from its users’ data. This unfair deal was only possible due to Facebook’s market dominance.