Meta faces trial in October on unfair competition case lodged by Spanish media
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Meta Platforms is set to face a trial in October 2025 in Spain over a 551 million euro complaint by over 80 media companies accusing it of unfair competition in advertising.
November 29, 2024 | 1:15 pm
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Meta Platforms is facing a legal challenge in Spain, with over 80 media companies accusing it of unfair competition in advertising, leading to a trial in October 2025.
The legal challenge could potentially impact Meta's financials and reputation, leading to a negative short-term impact on its stock price. The high relevance and importance are due to the significant financial claim and the number of companies involved.
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