Following months of speculation and build-up, the U.S. Federal Trade Commission announced a $5 billion fine against Facebook Friday. The FTC approved the settlement by way of a 3-2 vote along party lines. The deal now goes to the Department of Justice Civil Division for a review before the settlement can be finalized. While neither Facebook nor the FTC provided comment regarding the fine, U.S. lawmakers had plenty of feedback to offer. IAPP Associate Editor Ryan Chiavetta, CIPP/US, has a roundup of all the reactions in this post for Privacy Tracker.
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