With its groundbreaking antitrust lawsuit against Facebook, the Federal Trade Commission is facing more than just a fight against a multi-billion dollar tech giant — it’s battling to regain credibility that could determine its future.The FTC was roundly criticized by lawmakers on both sides of the aisle following privacy settlements tech hawks deemed to be toothless. In July 2019, the agency settled a privacy investigation into Facebook following the Cambridge Analytica scandal for $5 billion, representing about 9% of the company’s 2018 revenue. Shortly after, it settled alleged violations of children’s privacy on Google-owned YouTube for $170 million.”The FTC is foolish & foolhardy to rely …
