The Federal Trade Commission (
FTC) is responsible for enforcing antitrust laws in the United States.
美国联邦贸易委员会（
FTC）负责执行反垄断法。
The
FTC investigates and prosecutes companies that engage in deceptive business practices.
FTC调查并起诉从事欺诈性商业行为的企业。
Consumers can file complaints with the
FTC if they believe they've been victims of unfair business practices.
如果消费者认为自己遭受不公平商业行为，他们可以向
FTC投诉。
The
FTC requires companies to provide clear and concise disclosures about privacy policies.
FTC要求公司对隐私政策提供明确和简洁的说明。
The
FTC's recent guidelines emphasize the importance of data security for companies handling consumer information.
FTC最近的指导方针强调了处理消费者信息的公司数据安全的重要性。
Companies found guilty by the
FTC may face substantial fines and legal consequences.
被
FTC定罪的公司可能面临巨额罚款和法律后果。
The
FTC collaborates with other government agencies to ensure a level playing field for consumers.
FTC与其他政府部门合作，确保消费者享有公平的竞争环境。
The
FTC conducts public education campaigns to inform consumers about their rights and how to protect themselves.
FTC开展公众教育活动，以告知消费者他们的权益以及如何自我保护。
The commission's mandate includes protecting consumers from unfair, deceptive, or fraudulent advertising.
委员会的任务包括保护消费者免受不公平、欺骗或欺诈广告的侵害。
The
FTC's work contributes to maintaining a competitive and trustworthy marketplace for all Americans.
FTC的工作有助于维护所有美国人的竞争性和可信赖的市场环境。
The FTC voted 3-2 along party lines to adopt the settlement, which requires court approval.
"Despite repeated promises to its billions of users worldwide that they could control how personal information is shared Facebook undermined consumers' choices," FTC Chairman Joe Simons, a Republican, said in a statement.
Democratic FTC Commissioner Rohit Chopra said the penalty provided "blanket immunity" for Facebook executives "and no real restraints on Facebook's business model" and does "not fix the core problems that led to these violations.
The FTC said that Facebook's data policy was deceptive to "tens of millions" of people who used its facial recognition tool and also violated its rules against deceptive practices when it did not disclose phone numbers collected for a security feature would also be used for advertising.
Chopra and Democratic FTC Commissioner Rebecca Slaughter said the $5 billion penalty may be less than Facebook's gains from violating users' privacy.
The FTC Republican majority argued the settlement "significantly diminishes Mr. Zuckerberg's power — something no government agency, anywhere in the world, has thus far accomplished.
"The Republican commissioners led by Simons said if the FTC had gone to court "it is highly unlikely that any judge would have imposed a civil penalty even remotely close to this one.
"They called the settlement — in light of what the FTC might have been able to win in a court fight — "a complete home run.
The FTC said Zuckerberg or others filing a false certification could face civil and criminal penalties.
Facebook said the deal worked out with the FTC would give the company "a comprehensive new framework for protecting people's privacy," and that it expected to find additional problems as it initiates a review of its systems.
""By relying on a monetary fine to deter Facebook, the FTC has failed to heed history's lessons.
The US Federal Trade Commission (FTC) approved a settlement involving about $5 billion with Facebook over its probe into the tech giant's privacy violations, The Wall Street Journal reported Friday.
FTC commissioners voted by 3-2 with Republicans in support and Democrats in opposition to the penalty, it reported.
FTC and Facebook declined to comment on the story.
FTC initiated the investigation after a scandal involving former British consulting firm Cambridge Analytica, which was accused of illegally accessing data of more than 87 million Facebook users without their prior knowledge.
FTC investigated whether Facebook's data sharing with the British firm violated a 2011 consent agreement signed between Facebook and the regulator.
The fine, if finalized, might be the largest one the FTC has ever levied on a tech company.
"The possibility certainly exists for Qualcomm to prevail upon appeal" given the government's "somewhat schizophrenic" approach to the case, with the FTC and Justice Department appearing at odds, Bernstein analyst Stacy Rasgon wrote.
He also suggested that the Federal Trade Commission (FTC) enforce antitrust laws by undoing the Instagram and WhatsApp acquisitions and ban future acquisitions by Facebook for several years.
"The FTC must set a resounding precedent that is heard by Facebook and any other tech company that disregards the law in a rapacious quest for growth, Blumenthal and Republican Senator Josh Hawley of Missouri wrote in a May 6 letter to the FTC, in regard to a privacy settlement with the company.
But excluding items including the potential FTC penalty, the company earned $1.89 per share, better than analysts' expectations of $1.63 per share.
The FTC has been investigating revelations that Facebook inappropriately shared information belonging to 87 million of its users with the now-defunct British political consulting firm Cambridge Analytica.
The probe has focused on whether the data sharing of data and other privacy disputes violated a 2011 agreement with the FTC to safeguard users' privacy.
The FTC did not immediately respond to a request for comment.
"While we were 'accidentally' embroiled in this case, we have been in touch with the FTC," said a TikTok representative for North America in a written reply to China Daily.
Facebook's 2011 FTC agreement requires it to obtain "affirmative express consent " before making changes that override users' privacy preferences.
The FTC has jurisdiction over the takeover because Syngenta sells its products in the US.