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Meta confirms appeal against €542m Spanish media ruling
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Euro Weekly News
In the document, Meta acknowledges the ruling and states that it has formally lodged an appeal against the decision.
15, which found that Meta had engaged in unfair competition practices that harmed Spanish media companies.
The lawsuit was brought by a coalition of Spanish media groups, who argued that Meta had benefited economically from data practices that traditional media outlets were legally prohibited from using.
The filing confirms that Meta does not accept the ruling and has initiated an appeal process within the Spanish judicial system.
By including the Spanish ruling in its SEC filing, Meta signals that it considers the case financially and legally significant.