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Daily Dashboard | Facebook expects $3B–$5B fine from FTC Related reading: Notes from the IAPP, Aug. 23, 2019

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The Washington Post reports Facebook expects to be fined $3 billion to $5 billion by the U.S. Federal Trade Commission for its privacy practices. The FTC has investigated Facebook for potential violations of its 2011 Consent Decree over the Cambridge Analytica revelations. The fine would be the largest ever handed out by the agency. Sen. Elizabeth Warren, D-Mass., wrote on Twitter the fine represents a fraction of Facebook’s yearly profits and added another call to break up larger tech companies. Meanwhile, the Office of the Privacy Commissioner of Canada and the Office of the Information and Privacy Commissioner for British Columbia released the findings of a joint investigation into the Cambridge Analytica situation, in which it found Facebook did not take responsibility to protect Canadian citizens' data, while the Irish Data Protection Commission announced it has launched a statutory inquiry into the tech company. (Registration may be required to access this story.) 
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