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Business

Meta agrees to settle teen addiction lawsuit for up to $16.7 billion

Business Insider ·
Meta agrees to settle teen addiction lawsuit for up to $16.7 billion

Meta has agreed to settle a lawsuit over concerns its platforms harmfully addicted young people.

Kevin Dietsch/Getty Images Meta agreed to settle a teen addiction lawsuit for up to $16.7 billion on Wednesday.

States brought the suit against the social media giant in 2023.

Meta agreed to make changes to its products, including implementing a 2-hour daily limit for teens.

Facebook and Instagram owner Meta agreed to settle a lawsuit alleging its platforms harmfully addicted young people to social media for up to $16.7 billion on Wednesday, according to court filings.

Meta agreed to make changes to its products as part of the settlement agreement, including implementing a 2-hour daily limit for teens on its social media platforms.

The settlement allocates money to 47 states, the District of Columbia, and several American territories.

The federal judge overseeing the trial has not yet approved the settlement, though Meta and the plaintiffs have agreed to the terms.

This is a developing story and will be updated.

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