MADRID: A Spanish court has ordered that the multinational tech company Meta pay €479 million to Spanish digital media outlets for unfair competition practices and infringement of EU data protection regulation.
Madrid’s Commercial Court said on Thursday the compensation, to be paid out to 87 digital press publishers and news agencies, is linked to Meta’s use of personal data for behavioural advertising on Facebook and Instagram.
It said Meta had obtained a “significant competitive advantage” in Spain’s online advertising market by unlawfully processing user data.
