Facebook has settled Federal Trade Commission charges that it deceived its users and failed to keep their information private, agreeing on Tuesday to establish a comprehensive privacy program that includes independent audits for the next 20 years.
The FTC alleged that Facebook violated the FTC Act, which bars unfair and deceptive conduct, by falsely promising consumers that their information would be kept private. “On numerous occasions, Facebook violated its privacy commitments to hundreds of millions of users,” said FTC Chairman Jon Leibowitz in a conference call with reporters.
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