Facebook expects a fine up to 5 billion dollars by FTC

Facebook indicated that it expected a fine up to $5 billion by the Federal Trade Commission for privacy violations. The FTC is looking into whether Facebook broke its own 2011 agreement to protect user privacy. The company disclosed this amount in its quarterly financial reports. According to the New York Times, this fine would be a milestone for the F.T.C., whose biggest fine for a tech company was $22 million against Google in 2012 for misrepresenting how it used some online tracking tools.  

 

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