14-02-2019 23:02 via theverge.com

Facebook could reportedly face multibillion-dollar FTC fine over privacy violations

Facebook and officials at the Federal Trade Commission are in discussions right now negotiating a multibillion-dollar fine to settle the agency’s investigation into the company’s past privacy practices, according to The Washington Post. It would be the largest fine the FTC has ever levied on a tech company. But according to the Post, the fine’s specific amount has yet to be determined.As it stands, the largest fine ever imposed by the FTC was a $22.5 million penalty on Google
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