Fines Aren’t Enough: Here’s How the FTC Can Make Facebook Better (EFF)

EFF: Fines Aren’t Enough: Here’s How the FTC Can Make Facebook Better. “A $3 billion fine would be, by far, the largest privacy-related fine in the FTC’s history. The biggest to date was $22.5 million, levied against Google in 2012. But even after setting aside $3 billion to cover a potential fine, Facebook still managed to rake in $3.3 billion in profit during the first quarter of 2019. It’s rumored that Facebook will agree to create a ‘privacy committee’ as part of this settlement. But the company needs to change its actions, not just its org chart. That’s why the settlement the FTC is negotiating now also needs to include limits on Facebook’s behavior.”