Mark Zuckerberg might think those Kylie Jenner-branded Meta smart glasses are cool, but you know what is really cool? Not having to pay California and three other states virtually the entire valuation of your company.
The Social Network script paraphrasing aside, that’s the position Meta’s multi-firm attorneys are taking in the multi-plaintiff suit over litigation the Instagram parent company and other social media platforms are facing in federal court. “A sanction of that size has no analog in the history of consumer protection enforcement,” Meta’s defense team(s) proclaimed in a deep-dive filing this week.
Taking a massive bite outta Meta’s bottom line, state attorneys general like California’s Rob Bonta and his colleagues in Colorado, Kentucky and New Jersey allege the Zuckerberg outfit actively misleads consumers. To the quartet, those so-called deceptive data moves and more translates into “unfair or unconscionable trade practices.”
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