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Daily Dashboard | FTC-Facebook Settlement Near Related reading: On the pitfalls of reputation economics

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The Wall Street Journal reports that the Federal Trade Commission and Facebook are finalizing a proposed settlement related to changes the company made to its privacy settings in 2009. Under the settlement--which has not yet been approved by the FTC's commissioners--the company would be required to obtain "express affirmative consent" when making "material retroactive changes," the report states. The settlement would also require the company to undergo privacy audits for two decades. (Registration may be required to access this story.)
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