Facebook announced yesterday that it expects to pay a fine up to $5 billion dollars over accusations that the company violated its 2011 consent decree with the Federal Trade Commission over consumer privacy on the social media platform. The company also said there can be no assurances as to the terms of resolution of the investigation.
Back in November, Public Knowledge and Open Markets Institute argued to the International Trade Commission that it would violate the public interest to grant Qualcomm’s request to ban iPhones that used Intel baseband technology from the U.S. market. We wrote then,
According to reports, the Federal Trade Commission plans to open a study into the technology industry’s data practices. Called a “6(b)” study, this type of study enables the agency to broadly review an industry practice and allows the agency to compel information from witnesses. Public Knowledge previously urged the FTC to conduct such a study and commends the move to shine a light on the competitive impacts of these data practices.
On Friday, I was heartened to see Senator Elizabeth Warren enter the digital platform competition debate in a big way. Her proposal has already generated a ton of great conversation about how digital platforms ought to be regulated. The agenda-setting role of presidential candidates is significant, and I’m so glad this important topic is on the agenda now. The proposal includes more wonky detail than many campaign proposals, though of course, it is not fully drafted legislation. I want to take this opportunity to discuss the proposal in depth and think about how policymakers can move forward from here. Congress should start now on providing the additional analysis that is generally needed before any specific action is taken.