Reviewing Facebook's Privacy Report Card

Law360, New York (December 20, 2011, 3:27 PM EST) -- The Federal Trade Commission released for public comment on Nov. 29 a proposed consent order for settlement following its long-standing investigation of the privacy practices of social media giant Facebook Inc. (In the Matter of Facebook Inc). Upon review of public comments following the 30-day comment period, the commission will either make the consent order final or withdraw from the settlement agreement and consider other "appropriate action."

The settlement would bring closure, at least for now, to the official federal investigation of Facebook's privacy practices as...
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