The FTC is reportedly divided about how to hold Facebook accountable for privacy lapses

A new report from The New York Times says that the Federal Trade Commission is having trouble agreeing an appropriate punishment for Facebook's privacy flaws, and that its members are specifically trying to determine whether the CEO is or not Zuckerberg must be personally responsible.

Reportedly, Facebook faces a large fine from the FTC for its highly public privacy lapses, and has said it is reserving $ 3 billion to cover that fine, and it may be necessary to create new positions, focused on privacy Inside the company. . $ 3 billion would be a slap in the face for the company, as it raised $ 15.1 billion in revenue in the last quarter.

The report Times & # 39; says that the FTC wants to make a statement with a massive fine against the company (the largest so far was issued in 2012, $ 22.5 million, against Google) , but its members have not been able to decide how far they want to go to make such a statement. The report cites people familiar with the talks that not only can not reach an agreement on the size of the fine, but "one of the most controversial trends during the negotiations has been the degree to which Mark Zuckerberg, head of Facebook executive, must be personally responsible for any violation of the agreement. "

FTC President Joseph Simons apparently has the three Republican members of the commission ready to approve an agreement, while the other two Democratic members However, it is said that Simons is trying to avoid a party line decision, which could lead to political consequences or possible litigation, and a response that is perceived as mild could undermine the faith of the public. in the capacity of the FTC to adequately supervise technology companies, especially when Europe has implemented its own regulations The Commission is expected to vote soon on the matter.

Please Note: This content is provided and hosted by a 3rd party server. Sometimes these servers may include advertisements. igetintopc.com does not host or upload this material and is not responsible for the content.