United States of America: Announced FTC sanctions against Facebook with a fine of USD 5 Billion for consumer privacy breaches
Description
Announced FTC sanctions against Facebook with a fine of USD 5 Billion for consumer privacy breaches
On 24 July 2019, the Federal Trade Commission (FTC) fined Facebook with a USD 5 billion penalty for breaches of users' privacy. This follows repeated violations of promises made by Facebook, that it would ensure the data of users is protected. Specifically, Facebook violated a 2012 FTC order in multiple ways. Accompanying the fine is a 20-year settlement order that will ensure the implementation of consumer privacy protection in Facebook's organisation through accountability as well as external oversight.
Original sourceScope
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
platform intermediary: user-generated content
Implementation Level
national
Government Branch
executive
Government Body
consumer protection authority
Complete timeline of this policy change
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2019-07-24
in force
2023-05-03
under investigation
2023-05-31
under appeal
2023-11-27
in force
2023-11-29
under appeal
2024-03-12
under investigation