FTC moves to completely prohibit Meta from monetizing kids (Techcrunch)

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    Facebook logo and FTC seal

    FTC moves to completely prohibit Meta from monetizing kids – By Devin Coldewey (Techcrunch) / May 3, 2023

    The Federal Trade Commission alleges that Meta has “repeatedly violated” privacy rules and proposes to tighten the agency’s 2020 order against the company, completely barring it from monetizing data from anyone under 18 in any way, among other new restrictions.

    The order in question took effect in 2020 but was created in 2019 as part of then-Facebook’s $5 billion settlement after the company violated a previous order. Now the FTC says that Facebook/Meta has violated the new order, as well as the Children’s Online Privacy Protection Act Rule.

    “The company’s recklessness has put young users at risk, and Facebook needs to answer for its failures,” said Samuel Levine, director of the FTC’s Bureau of Consumer Protection, in a news release. (Due to the order and said failures spanning both names of the company, both are also used throughout.)

    CONTINUE > https://techcrunch.com/2023/05/03/ftc-moves-to-completely-prohibit-meta-from-monetizing-kids/

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