Facebook's $5 billion settlement with the FTC for unfair and deceptive privacy practices:

Question

Quizplus · Accepted Answer

The $5 billion settlement was indeed the largest civil penalty ever issued by the FTC, demonstrating the severity of Facebook's privacy violations. Additionally, part of the settlement required Facebook to establish an external monitor, approved by the FTC, to oversee its privacy practices more closely. Despite the massive penalty, Facebook's stock value increased significantly on the day the settlement was announced, indicating investors' relief that the uncertainty surrounding the investigation was resolved.

Facebook's $5 Billion Settlement with the FTC for Unfair and Deceptive