Facebook Faces a Big Penalty, but Regulators Are Split Over How Big - News Summed Up

Facebook Faces a Big Penalty, but Regulators Are Split Over How Big


The administration has whittled away regulations in many industries, but President Trump has repeatedly said tech giants like Facebook and Amazon have too much power. Rohit Chopra, one of the two Democrats on the commission, has publicly urged stronger punishment of repeated offenders of F.T.C. The agency, in coordination with the company, would set up an independent committee to oversee Facebook’s privacy efforts. The company has also agreed to assign an executive as a privacy compliance officer, making privacy oversight a job within the top ranks, the people said. Mr. Zuckerberg could be given the job, according to one person with knowledge of the talks, although another person expressed doubts.


Source: New York Times May 04, 2019 15:24 UTC



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