Alphabet's (GOOG, GOOGL) Google's YouTube and Meta Platforms (META) were denied a new trial after a jury found that the companies were liable for designing social media platforms that are addictive to young people, Reuters reported Wednesday.
A California state court judge rejected the companies' argument that they were protected under Section 230 of the Communications Decency Act, a federal law that protects online platforms from liability over content generated by users, according to the report.
Judge Carolyn Kuhl stated that the law does not address the companies' platform design choices and the jury was repeatedly instructed not to consider content, the report said.
Google and Meta Platforms did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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