Breaking: FTC Investigating Facebook over "SUBSTANTIAL" Damage to Consumer Privacy

[MelissaB]

Statement by the Acting Director of FTC’s Bureau of Consumer Protection Regarding Reported Concerns about Facebook Privacy Practices

Tom Pahl, Acting Director of the Federal Trade Commission’s Bureau of Consumer Protection, issued the following statement regarding reported concerns about Facebook’s privacy practices:

“The FTC is firmly and fully committed to using all of its tools to protect the privacy of consumers. Foremost among these tools is enforcement action against companies that fail to honor their privacy promises, including to comply with Privacy Shield, or that engage in unfair acts that cause substantial injury to consumers in violation of the FTC Act. Companies who have settled previous FTC actions must also comply with FTC order provisions imposing privacy and data security requirements. Accordingly, the FTC takes very seriously recent press reports raising substantial concerns about the privacy practices of Facebook. Today, the FTC is confirming that it has an open non-public investigation into these practices.”

The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about consumer topics and file a consumer complaint online or by calling 1-877-FTC-HELP (382-4357). Like the FTC on Facebook (link is external), follow us on Twitter (link is external), read our blogs and subscribe to press releases for the latest FTC news and resources.

https://www.ftc.gov/news-events/press-releases/2018/03/statement-acting-director-ftcs-bureau-consumer-protection

[poboy2]

1. r'd

[Autumn]

2. This is good. Is Equifax going to be investigated by chance?

[CousinIT]

4. Feds squashed that investigation. Pfft. n/t

[Javaman]

3. I have a feeling that this might lead to fuckenberg resigning.

facebook will still be around but will be a shadow of what it once was.