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Facebook should pay multi-billion dollar fine to settle US privacy investigation
The fine is probably the most important that the Federal Trade Commission (FTC) has ever imposed on a technology company.
L & # 39; s fine: According to the Washington Post, Facebook will pay a multi-billion dollar fine to conduct a FTC investigation into its privacy practices. The final sum has not been negotiated yet, but a settlement of $ 22.5 million with Google in 2012 will certainly be negated.
If the talks fail, they could lead to a deadly legal battle in the courts and more negative Facebook headlines. The FTC could also force Facebook to change its business practices under the settlement.
L & # 39; survey: It all started in March 2018 due to the Cambridge Analytica scandal, in which the company had mistakenly accessed data from 87 million Facebook users. The FTC is investigating whether Facebook's behavior, combined with various damaging revelations, violates an agreement reached in 2011 with this agency to improve its privacy practices.
Battles on several fronts: Facebook is currently challenging a GBP 500,000 ($ 641,000) fine imposed by the UK government for data protection in October 2018, insisting that no UK data has been implicated. He is also fighting a lawsuit filed by the District Attorney General of Columbia that claims to have misled users during data collection. Other investigations are underway in various other US states.
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