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Senators Call Potential Facebook Fine a ‘Bargain’

By Ashley Gold
· · Source: The Information

A bipartisan pair of senators criticized the Federal Trade Commission in a letter Monday, likening a possible $5 billion penalty for alleged privacy violations to a speeding ticket for companies Facebook’s size. The lawmakers called for sweeping changes at the company and said that Facebook executives should be held individually accountable if the agency finds they knowingly violated a previous...

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