FTC will apply a $5 billion fine to Facebook

The US federal commission will impose a sanction of 5,000 million dollars to the social network due to the results of the investigation on the use of data of the users

The Federal Trade Commission of the United States (FTC) agreed to impose a fine of 5,000 million dollars to Facebook, the highest amount imposed by the agency so far, in the framework of the open investigation on the use of data of the users of the giant technology, as has been advanced by The Wall Street Journal.

The proposal, approved by three votes in favor and two against, was transferred to the Department of Justice, which is charged with the FTC to enforce the antitrust laws of the United States, which must decide whether to ratify the decision.

The FTC opened an investigation following allegations that Facebook would have inappropriately shared information from 87 million users with Cambridge Analytica.

The British political consultant Cambridge Analytica would have obtained without permission the personal data of users of the social network founded by Mark Zuckerberg that were later used to influence the US presidential elections of 2016.

Facebook shares closed the day after the news with a 1.8% rise. According to what the company indicated at the beginning of the year, it expected a sanction for this question of about 5,000 million dollars.

Facebook, along with other major technology giants such as Amazon, Apple or Google, is immersed in another investigation by the United States Government for competition.

US President Donald Trump has called for greater control over social media companies, as well as Google, and has accused them of suppressing and suppressing the views of conservatives, although he has not presented any evidence in this regard. He has also repeatedly criticized Amazon for taking advantage of the United States Postal Service, also without evidence.

K. Tovar

Source: Eldiario

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