The Federal Trade Commission Act only gives the agency the authority to regulate “unfair or deceptive” business practices. For years, privacy experts assumed that meant consumers were out of luck: as long as companies weren’t telling outright lies, they were free to do as they pleased with your data. The FTC reached a $5 billion privacy sentiment with Facebook in 2018, but the case hinged on ways the company misled users — rather than allegations that the unpleasant ways Facebook used data were inherently unlawful.
But under the leadership of Lina Khan, the Biden-appointed FTC chairperson, the commission has taken up data misconduct with unprecedented vigor.
The FTC does have some rule making authority, but it’s a slow, arduous process. In the meantime, it is changing tech policy by stretching existing regulations to places no one believed they could go. - Gizmodo
Monday, June 19, 2023
The FTC is trying to deal with some of Big Tech's crap
As best they can, with Congress doing nothing.
Labels:
Big Tech,
FTC,
regulation
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