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Facebook could face record fine from US regulators, report says

The fine hasn't been finalized but is expected to be larger than the record-setting $22.5 million the Federal Trade Commission imposed on Google in 2012, according to The Washington Post.

Queenie Wong Former Senior Writer
Queenie Wong was a senior writer for CNET News, focusing on social media companies including Facebook's parent company Meta, Twitter and TikTok. Before joining CNET, she worked for The Mercury News in San Jose and the Statesman Journal in Salem, Oregon. A native of Southern California, she took her first journalism class in middle school.
Expertise I've been writing about social media since 2015 but have previously covered politics, crime and education. I also have a degree in studio art. Credentials
  • 2022 Eddie award for consumer analysis
Queenie Wong
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Facebook could be slapped with a record-setting fine for allegedly violating a legal agreement it had with the US government to keep its users' data private, according to a Friday report by The Washington Post.

Officials from the Federal Trade Commission, a privacy and security watchdog, have discussed imposing a record fine against Facebook , but the decision hasn't been finalized, according to the Post, which cited three people familiar with the matter.   

The FTC started investigating Facebook last year after revelations surfaced that Cambridge Analytica, a UK political consultancy, accessed data from up to 87 million Facebook users without their permission. 

The FTC's investigation is still ongoing, but the penalty against Facebook is expected to be larger than the record-setting $22.5 million the FTC imposed on Google in 2012, according to the Post.

Facebook has already faced hefty fines in other countries, including Italy, over allegations of data misuse. If the social media company gets fined by the FTC, it would be the first punishment against Facebook in the US. 

Facebook declined to comment. The FTC, which has shut down because of a lapse in government funding, was unable to respond.

Cambridge Analytica: Everything you need to know about Facebook's data mining scandal.

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