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The Economic Times
The Economic Times
Technology

US states seek $200 billion penalty in blockbuster Meta lawsuit

A coalition of US states will seek around $200 billion in damages against Meta, which they accuse of intentionally designing Facebook and Instagram to be addictive for children, when a landmark trial kicks off on Tuesday.

Meta previously had claimed in court documents that the financial penalties could reach $1.4 trillion, close to its entire market value which hovers around $1.5 trillion.

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