The FTC Fines Facebook. But Privacy Violations Are Not a Thing of the Past

On July 24, 2019 the Federal Trade Commission, together with the Department of Justice, announced a record-breaking $5 billion penalty for Facebook, alleging the company had repeatedly misled its users about the way advertisers and app developers could obtain their personal data. What did Facebook do wrong? What are the components of the settlement? What does it all mean for Big Tech? Let's dive in.