Facebook: Agreement with FTC opens "a new and broad framework for privacy protection" – Telam



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The US government condemns Facebook for $ 5,000 million.

Facebook will pay a record $ 5,000 million fine for the management of its users' personal data, after signing an agreement with the US government that also involves a change to its privacy-focused corporate structure .

For this penalty, which the company had already forecast in the financial balance of the first quarter of this year, its profits for the first half were halved compared to the same period of 2018.

The sanction was decided by the Republican majority of the Federal Trade Commission (FTC) in a three-to-two vote, during which the Democratic opposition felt that the sanction did not go far enough .

"Despite repeated promises to its billions of users around the world to control how their personal information is shared, Facebook has compromised consumer options," said FTC President Joe Simons in " a statement published on the website of the agency.

The scale of the fine and the agreement on changing the company's structure are designed to "change the entire culture of privacy on Facebook, to reduce the risk of further violations," added M Simons.

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