Facebook Social Networking Apparently Under Investigation By FTC , After Cambridge Analytica Penalty

 Facebook is reportedly under scrutiny by Federal Tre Commission, on concerns related to social media antitrust violations. early-st investigation is also apparently related to Facebook’s social networks.  

As per a Bloomberg report, quoting unnamed sources, FTC is currently making attempts to analyse competitive dynamics. Here, it is worth remembering that Facebook recently h to shell out $5 billion to FTC concerning user privacy practices (Cambridge Analytica).  

 unnamed source quoted Bloomberg also ded that third-party nts were alrey contacted to aid in FTC investigation into Facebook’s social networking. This probe is also said to have been ackwledged by Facebook on Wednesday.  

To proceed with probe, Facebook’s role in inflicting dams to competitors needs to be established by FTC.  

“Somebody has to have raised with m actual conduct that would fall within realm of antitrust harm, which is limiting invation, raising prices, or restricting output,” stated Barbara Sicalides – an antitrust vocate at Pepper Hamilton LLP, to Bloomberg.  

As far as Cambridge Analytica fine on Facebook is concerned, FTC has also suggested social media giant to introduce newer tools such that authority monitors newer privacy structure.  

Check out official tweet in this regard, below: 

Also Re: Netflix Documentary ' Great Hack' Explores Facebook's Role In Cambridge Analytica Data Privacy Scandal