Key facts
- Meta is liable for fake advertisements posted by third parties on Instagram and Facebook.
- A German court ordered Meta to remove such content and pay damages.
- The court ruled Meta could not rely on the Digital Services Act's lack-of-knowledge defense.
- Meta must disclose details of the fake advertisements and revenue generated from them.
- The ruling is not final and may be appealed.
A German court ruled on Thursday that Meta Platforms Inc. is liable for fake advertisements posted by third parties on its Instagram and Facebook platforms, ordering the U.S. tech giant to remove such content and pay damages. The lawsuit was brought by the operator of a German financial portal and its founder, whose trademarked logo and image were used without consent in posts recommending investments with alleged fraudulent intent.
