Meta Challenges UK Media Regulator Over Online Safety Fee, Fine Calculations
MT newswire2026/10/13 14:47Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
10:47 AM EDT, 10/13/2026 (MT Newswires) -- Meta Platforms (META) challenged UK media regulator Ofcom in London's High Court on its calculation of fees and potential fines under the country's Online Safety Act, the regulator said Tuesday in a document outlining its response to the complaint. Meta argued that Ofcom used the concept of qualifying worldwide revenue, as defined in the law, to adopt "the broadest possible approach to the definition" in calculating fees and penalties, according to the document. Ofcom rejected the claim, saying it had "struck a careful balance" and would robustly defend its position. The law allows Ofcom to impose fines of up to 10% of qualifying worldwide revenue, or 18 million pounds ($23.9 million), whichever is greater, and to recover the costs of running its program, Reuters reported. Meta did not immediately reply to a request for comment from MT Newswires. Price: 767.52, Change: +24.56, Percent Change: +3.31
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Chinese Yuan: Outlook stays mildly positive against US Dollar – UOB
FXStreet•2026/10/13 21:18
BNY Mellon and Citadel Securities Complete Tokenized U.S. Treasury Repo Transaction
Cointime•2026/10/13 20:54

DuPont declares quarterly dividend of $0.60 per share
Bitget•2026/10/13 20:31
IntelliCheck director Dondi Black receives 2,183 RSUs at $2.29 per share
Bitget•2026/10/13 20:23
Crypto prices
MoreBitcoin
BTC
$83,370.33
+1.01%
Ethereum
ETH
$2,508.35
+0.90%
Tether USDt
USDT
$0.9991
+0.03%
BNB
BNB
$741.22
-0.18%
XRP
XRP
$1.37
+1.10%
USDC
USDC
$0.9999
+0.02%
Solana
SOL
$106.84
-0.15%
TRON
TRX
$0.3275
-0.59%
Hyperliquid
HYPE
$81.54
-1.66%
Zcash
ZEC
$1,219.43
+1.01%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now