-- The U.S. Federal Trade Commission is considering imposing a record fine against Facebook for violating an agreement to protect users' data, The Washington Post reports Friday, citing "three people familiar with the deliberations."

-- Facebook has spoken with the FTC, but it is unclear if the company would try to make a settlement with the agency, the report said.

-- The expectation is the penalty against Facebook would be much larger than the $22.5 million fine the FTC imposed on Google in 2012, the report said.

 

Full story: https://www.washingtonpost.com/technology/2019/01/18/us-regulators-have-met-discuss-imposing-record-setting-fine-against-facebook-some-its-privacy-violations/?utm_term=.13537b1a9181

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 18, 2019 15:51 ET (20:51 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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