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November 29, 2011

ANOTHER Corporate Crime "Settlement"

-- by Dave Johnson

At the top there is impunity. There is no accountability, no prosecution, no law, just big money.

The latest: Facebook Settles With FTC, Gets Stern Privacy Warning | TPM Idea Lab,

Facebook has settled a lengthy privacy complaint with the U.S. Federal Trade Commission after the agency’s two year investigation found wrongdoing on the part of the company, according to a release from the FTC on Tuesday morning.

The settlement tentatively requires Facebook to stop sharing user information with advertisers without consent and to undergo two decades of privacy audits every two years, among other drastic measures designed to reign-in the world’s largest social netwo

rk’s treatment of user information and communication with users.

Posted by Dave Johnson at November 29, 2011 6:07 PM


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