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UK regulator Ofcom and Meta clash in High Court over Online Safety Act fee calculations

Market News
12 Nov 2026, 12:14 WIB
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Bearish
UK regulator Ofcom and Meta clash in High Court over Online Safety Act fee calculations

UK regulator Ofcom is in a High Court dispute with Meta over how fees under the Online Safety Act 2023 are calculated. The conflict centers on Ofcom's use of Meta's global revenue rather than UK-specific earnings to assess fees, which Meta argues is disproportionate and possibly unlawful. This legal challenge could significantly impact how UK online safety fees and penalties are applied to multinational companies. Meanwhile, Ofcom is also investigating Meta's new Instagram Instants feature for compliance with risk assessment rules. A court ruling is expected in late October 2026, potentially reshaping the UK's regulatory framework for online platforms.

The Ofcom and Meta dispute over UK online safety fees provides context for cryptocurrency market activity. For readers following digital assets, here is Pluang's market snapshot as of Nov 12, 2026 16:31 WIB: out of 50 major cryptocurrencies, 13 rose and 35 fell. Notable movers include LINK at Rp183.064 with a 1-day change of -2.58% and a typical hold time of 64 days, XTZ at Rp4.287 down 2.57%, and SAND at Rp749 down 2.20%.

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