Facebook Fined $5 Billion For Privacy Violations

The FTC has slapped the social media giant with a record-breaking fine

July 25, 2019

Getty Images News / Justin Sullivan

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The Federal Trade Commission has hit Facebook with a $5 billion fine over the social media giant's recent privacy violations. In addition to the fine, the FTC is ordering Facebook to add more oversight to its data collection practices, with an independent 'privacy committee' and regular audits.

However, the FTC's ruling did not restrict Facebook from collecting data and did not find founder and CEO Mark Zuckerberg personally responsible for the company's actions.