On Thursday, The Wall Street Journal reported that the Federal Trade Commission could seek an injunction against Facebook in the new year. If approved, it would prevent Facebook from further integrating all the parts of its business—something critics say is a strategy to make it harder for the government to break up the company. The injunction would be one of the most forceful actions yet against Facebook, which was already hit with a $5 billion fine in the U.S. this year over data lapses that left user information vulnerable.
Facebook declined to comment on the news.
Regulators pursued Facebook over its dealings with Cambridge Analytica, the third-party data firm that illicitly harvested profiles of up to 87 million Facebook users. Now, Facebook is under further investigation, with some lawmakers calling for the breakup of the company that is viewed as dominant in the social media space, especially since it bought Instagram and WhatsApp. Washington has been aggressively investigating big tech companies, not just Facebook but Google, Amazon and Apple, too…[Read More]
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