Facebook has stayed mum on the potential settlement, limiting its comments on the matter to the multibillion-dollar estimate, disclosed in the company’s latest quarterly earnings report. But e-commerce trade group NetChoice, of which Facebook is a member, said it views a historically large fine as more than sufficient and warned the FTC against taking Facebook to court for more. “A multi-billion dollar settlement is vastly greater than the UK’s $600,000 privacy fine and demonstrates the FTC is a serious enforcer of privacy laws,” said NetChoice general counsel Carl Szabo. “This is not a slam dunk case for the FTC. The FTC knows that if they overplay their hand they will lose in court.”
https://i2.wp.com/netchoice.org/wp-content/uploads/Target-audience-Blue.png?fit=324%2C324&ssl=1324324NetChoicehttps://netchoice.org/wp-content/uploads/NetChoice-No-Background-Big-2.pngNetChoice2019-04-25 13:27:032019-04-30 11:45:34Politico Morning Tech - Fat Fine for Facebook
NetChoice is a trade association representing eCommerce businesses all of whom share the goal of promoting convenience, choice, and commerce on the Net.
NetChoice works to prevent barriers to e-commerce. Whether taxes on the Internet and goods through the Internet, non-tech neutral privacy initiatives, or other international Internet issues, NetChoice weighs-in to protect e-commerce.
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