FTC Approves About $5 Billion Fine for Facebook Over Privacy Violations: Report

FTC Approves About $5 Billion Fine for Facebook Over Privacy Violations: Report
Attendees walk past a Facebook logo during Facebook Inc's F8 developers conference in San Jose, Calif., on April 30, 2019. Stephen Lam/File Photo via Reuters
The Associated Press
Updated:
The FTC has voted to approve a fine of about $5 billion for Facebook over privacy violations, the Wall Street Journal reported July 12. The report cited an unnamed person familiar with the matter.

Facebook and the FTC declined to comment. The Journal said the 3-2 vote broke along party lines, with Republicans in support and Democrats in opposition to the settlement.