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Specifically, under the proposed settlement, Facebook is:

"barred from making misrepresentations about the privacy or security of consumers' personal information;"

Is this implying companies are allowed to lie? Seems redundant.



I think what it means is that, in this case, the FTC gets to watch and make sure Facebook complies. If they don't, they get penalized for it. FTA:

The proposed order also contains standard record-keeping provisions to allow the FTC to monitor compliance with its order.

and then further down:

Each violation of such an order may result in a civil penalty of up to $16,000.

I really hope that's up to $16,000 per person for each violation.


The next site-wide privacy snafu will cost $11 trillion dollars.


[deleted]


My employer handles insurance claims. I have an email sitting in my inbox right now, explaining that if we get a certain thing wrong it will get us fined up to $1000 per claim per day until it's fixed. Not because we screwed up and got in trouble, but because that's just how things always are in this industry.

So no, I don't find that unlikely at all. In fact it not being per person is what would be absurd.


It sounds to me like they're just reiterating the law that's already in place, highlighting that Facebook has been violating it.




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