It is an agreement or settlement that ends a dispute between two parties without a confession of guilt or liability. In a press release, Assistant Attorney General Makan Delrahim said the change to the transaction ”guarantees consumers the competitive advantage that will otherwise be lost by CenturyLink`s acquisition of Level 3 communications,”9 adding that ”a defendant violates the terms of a transaction decision, he must meet his obligations to the U.S. department and the U.S. consumer.” 10 Zuckerberg expressly stated at one point that he did not believe That Facebook had violated the approval decree. What happens if a company breaks these agreements? In this regard, the FTC has a real authority to seek fines, even if it did not have that power in the case that led to the approval order. And the Commission usually has this hammer hanging over the head of the party, which is subject to comparison for 20 years, with reporting obligations and audit rights. In approving the approval order in 2011, Facebook did not admit that it had broken the law. But the agreement itself brings the force of the law to the future, meaning that if Facebook violates the conditions, it violates the law and sanctions can be assessed. Zuckerberg also struggled to answer questions about how long it takes for Facebook to delete users` data from its servers, as well as questions about why the company did not inform the FTC or its users when it discovered data abuse in 2015. All of these issues are covered by the approval decree. ”You`re the CEO of the company, you have an approval order and you don`t remember if you had a fine?” she asked.
No no. Zuckerberg told Congress this week that Facebook was not willing to share data with Cambridge Analytica without user approval. Instead, the company argues that Kogan misled the company by saying that the data was collected for ”academic research” and then wrongly sold the data to Cambridge Analytica and other companies. The question is whether Facebook should be looking for an app user that allows an app developer to share the personal data of millions of Facebook users without their consent, which many experts describe as a violation of its agreement with the government in 2011. The FTC has already launched an investigation against Facebook to determine whether the company complied with the terms set out in the 20-year agreement.