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There was lots of talk this week about Facebook's 2011 “consent decree” with the FTC. What's it mean? And why should you care? We break it down.
Facebook’s $5 billion settlement with the FTC is a done deal, but what will it mean for users? Not much will change for consumers, experts say.
Facebook fears no FTC fine. In April, seeing the writing on the wall and perhaps privy to some of the conversations, Facebook set aside $3 billion to cover the costs of the settlement it knew was ...
Amazon, Apple, Facebook and Google execs testify on Capitol Hill 04:51. The Federal Trade Commission (FTC) slapped Facebook with a $5 billion fine over its role in allowing Cambridge Analytica to ...
Facebook is still facing regulatory scrutiny from the FTC and other government agencies. The FTC told the company in June it was investigating the social media giant for antitrust concerns.
The FTC is looking to see whether Facebook violated terms of a 2011 consent order in which the Menlo Park company agreed to get users’ permission for certain changes to privacy settings.
The FTC’s amended suit, which comes two months after a federal judge dismissed an earlier version, seeks to force Facebook to restructure or sell off assets including Instagram and WhatsApp.
FTC boss Lina Khan has pushed for Facebook to unwind itself from its acquisitions. Getty Images. Sources said Zuckerberg defended the February 2012 internal communications in the FTC interview, ...
Facebook, however, fiercely resisted the government’s demands, and in the end, the FTC, facing a formidable foe whose $55 billion in revenue last year amounted to almost 200 times the budget ...
"The FTC takes very seriously recent press reports raising substantial concerns about the privacy practices of Facebook," said Tom Pahl, acting director of the FTC's Bureau of Consumer Protection.
Facebook too could be made to shell out in this indirect way. What the FTC is capable of requiring from Facebook is an open question, since the scale and nature of these violations are unprecedented.