[NEW YORK] A prominent public interest research group is challenging the Federal Trade Commission's (FTC) US$5 billion privacy settlement with Facebook in court, calling it an unjustified victory for the tech giant and a bad deal for hundreds of millions of consumers who depend on its services. Read more at The Business Times.
[NEW YORK] A prominent public interest research group is challenging the Federal Trade Commission's US$5 billion privacy settlement with Facebook in court, calling it an unjustified victory for the tech giant and a bad deal for hundreds of millions of consumers who depend on its services.
The group, known as EPIC, argues that the proposed deal fails to ensure consumer privacy, partly because it grants Facebook immunity from thousands of outstanding consumer complaints it faces over issues as diverse as children's privacy, health privacy and its use of facial-recognition technology. James A Kohm, associate director for the enforcement division of the FTC's Bureau Of Consumer Protection, said the agency had thoroughly investigated the complaints it had received about Facebook from consumer groups and media reports as well as information it obtained independently from other sources.
As is typical in such investigations, some consumer complaints could not be substantiated, Mr Kohm said."There's a very big difference between making an accusation and proving it in court," Mr Kohm said."Sometimes the road between those two things is very long."The FTC commissioners voted to approve the consent order this month in a 3-2 decision.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Prevagen maker must face FTC, New York claims that memory supplement does not workNEW YORK: Quincy Bioscience failed to dismiss a lawsuit in which the Federal Trade Commission and New York attorney general said it deceptively ...
Read more »
Facebook to pay $7b fine after US probe into privacyWASHINGTON: Facebook will pay a record-breaking US$5 billion (S$7 billion) fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the US Federal Trade Commission (FTC) said...
Read more »
Facebook to pay record $5 billion U.S. fine over privacy; faces antitrust probeFacebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the U.S. Federal Trade Commission and the social media company said on Wednesday. After the stock market closed, Facebook disclosed as a part of its
Read more »
Facebook to pay $7b fine after US probe into privacyWASHINGTON: Facebook will pay a record-breaking US$5 billion (S$7 billion) fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the US Federal Trade Commission (FTC) said...
Read more »
Falcon Energy Group files for 6-month moratoriumOFFSHORE and marine company Falcon Energy Group and its subsidiary Asetanian Marine on Thursday filed applications in the High Court for a moratorium as part of a court-supervised process to reorganise their liabilities. Read more at The Business Times.
Read more »
Johannesburg court approves US$353 million silicosis settlementJOHANNESBURG: A Johannesburg High Court on Friday approved a 5 billion rand (US$353 million) class action settlement between gold mining companies ...
Read more »