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Daily Dashboard | Facebook, FTC nearing deal with 20-year oversight Related reading: US lawmakers respond to Facebook's $5B FTC settlement

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CNBC reports the U.S. Federal Trade Commission is close to finalizing a settlement with Facebook that would include 20 years of oversight, in addition to previously reported fines. While an official agreement is not expected before the end of May, Facebook is already preparing for its fine after recently setting aside $3 billion. The reported oversight clause in this potential deal draws a parallel to a similar clause in the 2011 settlement between the FTC and the social network.
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