Facebook is getting ready for a potential $3B-$5B fine from the FTC

Facebook is getting ready for a potential $3B-$5B fine from the FTC

5 years ago
Anonymous $9jpehmcKty

https://finance.yahoo.com/news/facebook-ftc-fine-5-billion-221109269.html

The company added that the charge could top out at $5 billion, but that the matter remains unresolved and there's no timing as to when it will come to a conclusion.

During its Q1 earnings call, Facebook’s representatives said they were unable to comment further on the potential fine, as it is part of an ongoing matter.