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Facebook accused of social-network monopolization in proposed US class action

By Michael Acton ( December 4, 2020, 19:22 GMT | Insight) -- Facebook is being accused of illegally building a monopoly in the social-networking market, in a proposed class action filed in US federal court. The complaint, filed by two US Facebook users, claims the tech giant “cheated its way to market dominance” by deceiving users about their data privacy and acquiring smaller companies, resulting in users receiving less value for their personal data. It calls for a breakup of the company as well as personal damages.Facebook is being accused of illegally building a monopoly in the social-networking market, in a proposed class action filed yesterday in US federal court....

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