At the same time, Meta will pay a fine of $115,054 (a good 109,000 euros) – the maximum amount provided for by law, as the Justice Department announced on Tuesday.
Real estate companies could have ensured that their advertisements were not displayed to people of a certain skin color, origin, marital status, gender or religious affiliation, according to the Ministry of Housing and Urban Development in March 2019.
The core of Facebook’s business model is that advertisers can target specific user groups with their ads. Real estate companies are also taking action – discrimination in the housing market, for example based on skin color or gender, is also prohibited by law in the USA.
The US government saw the problem specifically in a system with which advertisers can direct their ads to users who are similar to a reference group they have selected. The algorithm that selects these similar users also takes into account characteristics such as skin color, national origin and gender, as the Justice Department emphasized on Tuesday. The settlement agreement stipulates that Meta will no longer use the function for apartment advertisements by the end of the year at the latest. The deal between the company and the government still has to be approved by the responsible judge.
The Meta share is temporarily down 2.30 percent to $ 153.44 in pre-market NASDAQ trading.
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