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Tech companies under fire: Facebook to pay $5B, antitrust probe opened, AG Barr criticizes encryption

July 24, 2019

Technology companies are under fire by the Trump administration. On Wednesday, the Federal Trade Commission announced that Facebook will pay a record $5 billion privacy penalty to settle allegations that the company deceived users about their ability to control disclosure of their personal information. The Washington Post has coverage.

The settlement follows an announcement Tuesday that the Department of Justice has opened an antitrust review of big tech that considers how technology companies accumulated market power and whether they acted to reduce competition.

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