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business1d ago
Meta sues Ofcom over fines regime for breaches of Online Safety Act
- Meta is suing Ofcom in the UK over how fees and fines under the Online Safety Act are calculated.
- The company argues charges should not be based on global revenue and seeks a judicial review in the High Court.
- Under the act, breaches can be fined up to 10% of qualifying worldwide revenue or £18m, whichever is higher.
- Meta is seeking a judicial review of Ofcom’s decision in the High Court.
- Ofcom defends the regime as a plain reading of the law and plans to robustly defend its reasoning.
- A hearing on the matter is scheduled for October 13-14.
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