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Unfair Practices Law

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New Mexico judge orders Meta to pay $25 billion over Cambridge Analytica violations

A New Mexico judge ruled that Meta must pay $25 billion in civil penalties after a jury found more than 43 million violations of the state's unfair practices law tied to the Cambridge Analytica data scandal. The judge calculated the maximum penalty of $5,000 per violation, totaling over $219 billion, before reducing it to $25 billion. Meta's chief legal officer C.J. Mahoney said the company plans to appeal, calling the ruling an attempt to tax speech.