US regulators under scrutiny as they look to punish Facebook


FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged violations of its users' privacy. (AP Photo/Alex Brandon, File)

WASHINGTON: Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged violations of its users’ privacy. 

The Federal Trade Commission is considering a rare action holding CEO Mark Zuckerberg personally accountable for Facebook’s alleged failure to honour a 2011 agreement over privacy lapses. The agency also may limit how the giant social network targets advertising to its massive user base – potentially making the action far more than a regulatory slap on the wrist. 

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