FTC Enforcers Tout Benefits Of Facebook Privacy Deal

Law360, Washington (March 30, 2012, 6:05 PM EDT) -- Federal Trade Commission directors on Friday defended a privacy order the agency placed on Facebook Inc. last fall, saying the company's actions had shown it needed stricter privacy guidelines than its rivals and that the order hardly put an anti-competitive burden on the social media giant. 

Consumer privacy has become an ever-increasing concern for the FTC, as technology in the Web and mobile markets continues to develop rapidly. Rather than urging Congress to lock down the industry with strict new privacy laws, the commission has chosen...
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