Reg­u­la­tors get sym­pa­thy from Congress

The News-Times - - BUSINESS -

Fed­eral pri­vacy reg­u­la­tors got a sym­pa­thetic hear­ing from Congress on Wed­nes­day for their re­quest for greater pow­ers and fund­ing to po­lice pri­vacy, as law­mak­ers warned that fines against big com­pa­nies may be in­ad­e­quate to change their con­duct. Ro­hit Cho­pra, one of the FTC com­mis­sion­ers, said that for some big com­pa­nies, fines are a mere “park­ing ticket.” Although Cho­pra didn’t specif­i­cally men­tion Face­book, the FTC is con­sid­er­ing a rare ac­tion to hold Face­book CEO Mark Zucker­berg per­son­ally ac­count­able for Face­book’s al­leged fail­ure to honor a 2011 agree­ment over pri­vacy lapses. The FTC also may limit how the gi­ant so­cial net­work tar­gets ad­ver­tis­ing to its mas­sive user base.

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