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2019-04-24 18:41:43| Fast Company

The advertising and social networking company defied a consent decree and is currently negotiating the $3 billion to $5 billion fine amount with the FTC. Facebook’s first-quarter earnings are highlighted by an accounting allowance for a Federal Trade Commission (FTC) fine that could be as large as $5 billion. The company violated a consent decree with the FTC in 2012, and the agency is just now getting around to levying the fine.Read Full Story

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