What Happened
Meta willfully violated New Mexico law by misleading users about the safety of its products and engaging in an unconscionable trade practice, a jury found.
Why It Matters
The company will face a $375 million penalty for the violations, awarding the maximum penalty of $5,000 per violation for 37,500 violations across two counts.
Key Details
- The jury decided against Meta on every count, though it declined to award a penalty as high as the state sought, which would have been closer to $2 billion.
- It's a landmark verdict delivered just one day after closing arguments.
- New Mexico argued that Meta had flouted state law by misleading consumers and facilitating child predato … Read the full story at The Verge.
Background Context
Meta willfully violated New Mexico law by misleading users about the safety of its products and engaging in an unconscionable trade practice, a jury found. The company will face a $375 million penalty for the violations, awarding the maximum penalty of $5,000 per violation for 37,500 violations across two counts. The jury decided against Meta on every count, though it declined to award a penalty as high as the state sought, which would have been closer to $2 billion. It's a landmark verdict delivered just one day after closing arguments. New Mexico argued that Meta had flouted state law by misleading consumers and facilitating child predato … Read the full story at The Verge.
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Source: The Verge – Original Link
Source: The Verge
