Facebook to pay $5 billion for violating 2012 FTC consent order
CFPB Monitor
JULY 24, 2019
Just two days after the Federal Trade Commission (“FTC”) announced a historic settlement of privacy and security claims against Equifax, the FTC today announced that Facebook has agreed to pay $5 billion in civil fines, arising from its violation of a 2012 consent order with the FTC. 2012 Consent Order. 2012 Consent Order.
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