Meta Platforms said in a court filing on July 6 that four states were seeking US$1.4 trillion (S$1.81 trillion) in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.Meta put forward the figure in its response to the attorneys general’s filings on how penalties should be calculated if the states prevailed at trial.The number, which has not previously been disclosed and is close to Meta’s market capitalisation of around US$1.5 trillion, comes ahead of an August trial in Oakland, California, over the claims brought by California, Colorado, Kentucky and New Jersey against the company.Meta said the amount was unsupported by the evidence.“A sanction of that size has no analogue in the history of con