Meta faces trial in October on unfair competition case lodged by Spanish media
MADRID, Nov 29 (Reuters) -Facebook owner Meta Platforms META.O will face a trial in October 2025 in Spain over a 551 million euro ($582 million)complaint lodged by more than 80 media companies accusing it of unfair competition in advertising, a Madrid court said on Friday.
The hearings will be held on Oct. 1 and 2, the 15th Madrid commercial court said in a statement.
The AMI media association, which represents 87 Spanish media firms, filed a lawsuit last year alleging Meta violated EU data protection rules between 2018 and 2023.
The newspapers argue that Meta's "massive" and "systematic" use of the personal data of its Facebook, Instagram and Whatsapp platform users gives it an unfair advantage in designing and offering personalised ads, which they say constitutes unfair competition.
A Meta spokesperson did not immediately respond to a request for comment.
Listed newspapers publishers Prisa PRS.MC, which owns El Pais newspaper, and Vocento VOC.MC, which owns ABC Newspaper, are among the complainants.
Separately, Spanish TV and radio broadcasters associations UTECA and AERC said last month they had filed a 160 million euro lawsuit against Meta on the same grounds.
The Spanish suits represent efforts by legacy media to fight tech giants in both courts and legislatures to preserve their revenue, arguing such firms should pay fair fees for using and sharing their content.
Some of these attempts have backfired in countries like Canada and Australia, where Meta has blocked users from reposting news articles.
In its other markets, Meta has been scaling back its promotion of news and political content to drive traffic and says news links now represent only a fraction of users' feeds.
($1 = 0.9471 euros)
Reporting by Inti Landauro, editing by Aislinn Laing and Jason Neely
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.