The FTC in a statement accused Facebook of \"illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct\".

Soon after the Federal Trade Commission (FTC) and 48 state attorney generals on Wednesday sued the company, Facebook's shares dropped significantly at the stock exchanges

The US Federal Trade Commission (FTC) and a coalition of attorney generals from up to 40 states separately, are preparing antitrust suits against Facebook reportedly over the acquisition of Instagram and WhatsApp.

The United States could file antitrust charges against social media giant Facebook as early in November, 2020.

Facebook will agree to create a board committee on privacy and will agree to new executive certifications that users' privacy is being properly protected, reports Reuters

Facebook set to be fined for privacy lapses: The deal, which would be the largest penalty ever imposed by the FTC for privacy violations, still needs approval from the Justice Department before it is finalized.

The FTC has been investigating revelations that Facebook inappropriately shared information belonging to 87 million of its users with British political consulting firm Cambridge Analytica

Facebook gave Netflix and Spotify the ability to read users' private messages.

FTC alleges Google's Play store is harming kids by allowing apps that break privacy laws, contain adult content or include manipulative advertising in a section of its Play store designed for children

Mark Zuckerberg testifies before US Congress, says working to fix FacebookUnder fire for the worst privacy debacle in his company's history, Facebook CEO Mark Zuckerberg batted away often-aggressive questioning on Tuesday from lawmakers who accused him of failing to protect the personal information of millions of Americans from Russians intent on upsetting the US election. During some five hours of Senate questioning, Zuckerberg apologized several times for Facebook failures. \"We...