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Plaintiff claims that Meta would pay $5 for personal data but-for social media monopoly draws skepticism from US judge

By Mike Swift ( October 31, 2024, 22:54 GMT | Insight) -- Plaintiffs’ assertion that Meta Platforms would have paid Facebook users $5 a month for their personal data but-for its social media monopoly during the past decade was hit by a bucket of cold water by a federal judge in San Francisco, who labeled the antitrust theory of harm an “implausible” basis for a Sherman Act claim. Plaintiffs’ assertion that Meta Platforms would have paid Facebook users $5 a month for their personal data but-for its social media monopoly during the past decade was hit by a bucket of cold water today by a federal judge in San Francisco, who labeled the antitrust theory of harm an “implausible” basis for a Sherman Act claim....

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