Quest for control as AEI alleges Meta's monopolistic missteps
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AEI is seeking a considerable sum of money, some of which it said is agreed-upon development funds that Meta owes and has refused to pay, with the rest being an attempt to recoup lost revenue and repair brand damage. Allegations of Sherman Antitrust Act violations mean AEI claims it is owed another $100 million, which it said is eligible for automatic tripling, bringing the total amount being asked for $353.2 million .
A scan of the agreements between AEI and Meta, which are included in the lawsuit, indicate that Meta has rights to terminate its agreement for any reason at any time, and that Meta retains sole and exclusive ownership"to all deliverables."
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