Meta, YouTube verdict can ripple through social media markets worldwide
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Meta, YouTube verdict can ripple through social media markets worldwide
""The era of Big Tech invincibility is over - this ruling is an earthquake that shakes Big Tech's predatory business model to its core," said Sacha Haworth, executive director of The Tech Oversight Project. "New evidence and testimony have pulled back the curtain and validated the harms young people and parents have been telling the world about for years.""
""The complaint argued that Instagram, Facebook, YouTube, TikTok and Snapchat rewired how our kids think, feel, and behave, by knowingly designing addictive products that exposed children to harm.""
""The verdict of the trial could serve as a bellwether for similar cases in the future, in the U.S. and elsewhere, with many analysts likening it to the cases against Big Tobacco which forced companies to change their business practices.""
A Los Angeles jury ruled that Meta and YouTube were negligent in a case involving a 20-year-old woman who claimed social media addiction worsened her depression. The companies were ordered to pay $3 million in damages, with potential for more. The ruling is seen as a significant challenge to Big Tech's business model. The complaint stated that platforms like Instagram and Facebook were designed to be addictive and harmful to children. This verdict may influence future lawsuits against social media companies, similar to past cases against Big Tobacco.
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