Article 5PYNE Facebook ‘overpaid in data settlement to avoid naming Zuckerberg’

Facebook ‘overpaid in data settlement to avoid naming Zuckerberg’

by
Dan Milmo Global technology editor
from on (#5PYNE)

Lawsuit alleges settlement in Cambridge Analytica case driven by desire to protect founder

Facebook paid $4.9bn more than necessary to the US Federal Trade Commission in a settlement over the Cambridge Analytica scandal in order to protect Mark Zuckerberg, a lawsuit has claimed.

The lawsuit alleges that the size of the $5bn settlement was driven by a desire to protect Facebook's founder and chief executive from being named in the FTC complaint.

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