Meta can’t delay FTC review of privacy terms, US appeals court says
META Platforms failed to convince a federal appeals court to postpone the US Federal Trade Commission’s (FTC) re-examination of alleged privacy breaches within its Facebook arm.
The US Court of Appeals for the DC Circuit ruled Friday (Mar 29) that Meta “has not satisfied the stringent requirements” for an injunction pending appeal for any of its five constitutional challenges.
“None has a likelihood of success,” the court ruled.
The decision is Meta’s latest defeat this month in a string of rulings over whether the FTC can reopen a 2020 privacy settlement covering allegations that the company breached terms after receiving a US$5 billion penalty in 2023.
US District Judge Randolph Moss denied Meta’s request for a preliminary injunction on Mar 14, finding that if the FTC is correct in its claim that Meta is putting consumer privacy at risk, it would be in the public interest for it to move ahead.
Central to the FTC’s proposed amendments to Meta’s settlement is the prohibition on capitalising on minors’ data and broadening restrictions on facial recognition technology.
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
Accusations leveled against Meta include allegations of deceptive practices regarding parental assurances regarding child protection measures.
The case is Meta Platforms, Inc. v. FTC, D.C. Cir., No. 24-05054, 3/29/24. BLOOMBERG
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Cromwell E-Reit divests two assets for 7.2 million euros
Singtel expects S$3.1 billion impairment hit for H2; expects net loss
Seatrium launches S$100 million share buyback programme
Great Eastern reports 26% higher Q1 profit of S$306.7 million
TikTok creators fear economic blow of US ban
Billionaire Geiger is said to near US$7 billion L’Occitane buyout