FTC chief wants more powers to rein in Facebook

Source: Cecilia Kang, New York Times (Paid Registration)

An FTC Facebook investigation is focused on whether the social network violated a 2011 consent decree in which it promised to protect user data and inform users of changes in how their data was used. The inquiry started last March under Mr. Simons’s Republican predecessor, Maureen Ohlhausen, after a report in The New York Times revealed that the political consulting firm Cambridge Analytica had analyzed the data of 87 million users without their permission.

The agency is considering imposing a multibillion-dollar fine on Facebook as well as new requirements to strengthen protections on how data is collected and shared, according to two people close to talks between the agency and the company. 

Read Full Article: FTC chief wants more powers to rein in Facebook

 

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