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Violation Tracker Individual Record

Company: Facebook, Inc.
Current Parent CompanyMeta Platforms Inc.
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Penalty: $5,000,000,000
Year: 2019
Date: July 24, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: privacy violation
Mega-ScandalOnline Privacy
Violation Description: Facebook, Inc. agreed to pay a $5 billion penalty and submit to new restrictions and a modified corporate structure that will hold the company accountable for the decisions it makes about user privacy, to settle Federal Trade Commission charges that the company violated a 2012 order by deceiving users about their ability to control the privacy of their personal information.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: information technology
Specific Industry of Current Parent: internet services
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.