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New Mexico jury finds Facebook liable for 43M privacy violations in Cambridge Analytica case

Analysts question whether penalties will meaningfully impact Meta's business

2 Today 10:25 AM · 4h ago · 1 article · 1 source · development 2 of 2

Legal experts note that despite the massive violation count and potential $200+ billion in penalties, the impact on Meta's bottom line remains uncertain given the company's high profit margins and historical ability to absorb regulatory costs.

Analysts question whether penalties will meaningfully impact Meta's business
NY Post

“It's unlikely that this is going to be the case that effectively penalizes the company in a meaningful way.”

Peter Ormerod

Meta/Facebook DefendantNew Mexico Department of Justice PlaintiffMark ZuckerbergMark Zuckerberg Meta CEORandi McGinn Attorney for New MexicoAlex Burgos Meta spokesperson

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1Meta disputes verdict, denies deceptive…2Analysts question whether penalties will…
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What was reported 1 claim about this development

  1. 1 outlet New Mexico jury finds Facebook liable for over 43 million violations of consumer protection law—and Meta could owe over $200 billion in penalties

    first by Fortune, 4h ago

All 2 developments of New Mexico jury finds Facebook liable for 43M privacy… →

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