Facebook antitrust inquiry shows freewheeling era is past

Source: Mike Isaac & Natasha Singer, N.Y.Times (Paid Registration)

Facebook came under siege on multiple fronts, agreeing to new layers of oversight and two fines to settle privacy and disclosure violations, even as it acknowledged that it was under investigation from the Federal Trade Commission for antitrust concerns.

The company was penalized by the F.T.C. with a record $5 billion fine for deceiving users about their ability to control the privacy of their personal data. But the agreement was criticized for failing to limit Facebook’s gathering, sharing and use of people’s personal information.

 

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