Public Event Detail
Santa Clara County sues Meta for profits from alleged scam ads
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Event summary
Santa Clara County has filed a lawsuit against Meta Platforms Inc. and Instagram LLC, alleging that Meta knowingly profits from scam ads on its platforms while falsely claiming to combat them. The complaint claims Meta's platforms are responsible for one-third of all internet scams in the U.S., generating $7 billion in annual "violating revenue," and that Meta actively facilitates these scams through practices like charging "penalty bids" and disbanding anti-scam teams. The county is seeking an injunction, restitution, and civil penalties under California's False Advertising Law and Unfair Competition Law.