Internet Law
FTC Said to Be Nearing Settlement with Facebook over Retroactive Privacy Changes
The Federal Trade Commission is reportedly considering a proposed settlement that would require Facebook to get consent from its users before making “material retroactive changes” to its privacy policy.
The Wall Street Journal (sub. req.) reports on the likely deal based on information from sources familiar with the negotiations. The FTC is acting on a complaint filed after Facebook changed it privacy setting in December 2009, allowing more information about users to became public by default, the newspaper says.
The settlement would also require Facebook to undergo privacy audits for 20 years.
The Los Angeles Times Technology blog and the New York Times confirmed the report with their own sources.
