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 of businesses who share the goal of promoting free speech and free enterprise on the net.
NetChoice works to prevent barriers to free speech and free enterprise online. 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 the internet.
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