Reports indicate that the Federal Trade Commission recently voted 3-2 along party lines to approve a roughly $5 billion settlement with Facebook over the company’s repeated privacy violations, including the Cambridge Analytica incident. The FTC is expected to unveil the terms of the fine -- including possible conditions -- once the Department of Justice has finalized the settlement.
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.
Today, the Federal Trade Commission announced a consent decree in the Staples-Essendant merger. Commissioners Slaughter and Chopra dissented, arguing the consent decree would be insufficient to address their competitive concerns with the merger.
Yesterday, reports surfaced that Facebook formed data-sharing partnerships with device makers, enabling companies like Amazon and Apple to access Facebook users’ and their friends’ data -- without those friends’ consent. Reports indicate that the shared data includes data pertaining to users who expressly denied Facebook permission to share their information with any third parties.
Today, the Department of Justice concluded its review of the antitrust consent decrees governing ASCAP and BMI, the two largest music performance rights organizations (PROs) in the United States. After two years of extensive public comment and analysis, the Department has determined it would be inappropriate to amend the consent decrees in ways that would enable music publishers to take greater advantage of their market dominance in negotiating licenses. Additionally, it has clarified licensing practices that came to light during its review. Public Knowledge has advocated for the Department to adopt these positions throughout the review and welcomes the decision.