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FTC Mulls Antitrust Injunction Against Facebook

PYMNTS

Officials at the Federal Trade Commission (FTC) are considering the possibility of a preliminary injunction against Facebook over antitrust issues related to how the social media giant’s apps interact with each other, according to a report by The Wall Street Journal. The FTC action could happen as soon as next month.

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Facebook Co-Founder Says FTC Should Break It Up

PYMNTS

In a New York Times op-ed on Thursday (May 9), Hughes said it is time for the government to hold Facebook CEO Zuckerberg accountable, arguing that an impending $5 billion fine by the Federal Trade Commission (FTC) isn’t enough punishment for the company. Nor is the idea of appointing a privacy executive to oversee how it handles data.

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Big Tech Compliance Tracker: EU Unveils Drafts Of New Big Tech Regs; Facebook To Move UK Users To California Privacy Agreement Amid Brexit

PYMNTS

Facebook to Migrate UK Users to California Privacy Agreement Due to Brexit. users into new agreements with its California headquarters, effectively going around the EU’s stringent privacy regulations as Britain prepares to leave the EU. Facebook Ad Criticizes Apple Over Privacy Changes. Facebook will transition its U.K.

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DOJ Tells Big Tech That Old Antitrust Rules Do Apply

PYMNTS

Delrahim said the antitrust division of the Justice Department looks for rising prices, lower quality, loss of privacy and collusion when looking to see if a company violated antitrust laws. The FTC gets more jurisdiction over Facebook while The Department of Justice gets increased scrutiny of Google.

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Mobile Advertiser Faces Fines For Illegally Tracking 100 Million Phones

PYMNTS

The FTC alleged in a complaint filed yesterday (June 22) that the firm has undermined phone carrriers’ freedom of choice in regards to the collection of their location data. ” According to the FTC, InMobi’s advertising network touches over 1 billion devices around the world via the apps that integrate its code.

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6 Types of COVID-19 Scams to Watch Out For

FICO

Additionally, update your privacy settings on social networks to restrict access only to people that you trust. Sign up for free Federal Trade Commission (FTC) scam alerts. The FTC tracks new prevalent scams that you should be aware of. Do your research. Otherwise, search online to find the best resources for your location.

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Policymakers Press Big Tech On Use Of Personal Data

PYMNTS

Big Tech is under siege about its failure to respect users’ privacy as the House Judiciary Committee’s antitrust subcommittee expressed frustration over the companies’ many acquisitions, Reuters reported on Wednesday (Nov. Several watchdog groups asked the FTC on Wednesday to block the deal. GOP subcommittee member Rep.

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