Facebook may have vastly overpaid in data privacy settlement: court filing

Facebook may have vastly overpaid in data privacy settlement: court filing

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-facebook-settlement/facebook-may-have-vastly-overpaid-in-data-privacy-settlement-court-filing-idUSKBN2AB01P

Facebook Inc may have paid $4.9 billion more than the maximum penalty it faced under a settlement agreement with regulators related to allegations it mishandled user privacy, according to a Wednesday court ruling.

Facebook may have vastly overpaid in data privacy settlement: court filing

Feb 11, 2021, 1:25am UTC
https://www.reuters.com/article/us-facebook-settlement/facebook-may-have-vastly-overpaid-in-data-privacy-settlement-court-filing-idUSKBN2AB01P >Facebook Inc may have paid $4.9 billion more than the maximum penalty it faced under a settlement agreement with regulators related to allegations it mishandled user privacy, according to a Wednesday court ruling.