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FACEBOOK-FTC SETTLEMENT RESOLVES MULTIPLE PRIVACY COMPLAINTS WITH THE DOMINANT SOCIAL NETWORK

Facebook’s settlement of Federal Trade Commission (FTC) allegations that it misrepresented its privacy practices to consumers resolves numerous complaints over Facebook’s privacy practices and may be viewed as a model for how interactive companies in the United States should handle consumer privacy issues.

The settlement, which is open for comment until December 30, stems from an FTC investigation following complaints filed with the FTC over Facebook’s privacy practices.

Under the settlement, Facebook is required to take a number of specific remedial steps over the next 20 years, as discussed below.

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