Meta Sues the FTC in Attempt to Block Tough New Restrictions on Kids’ Data

Instagram-parent Meta has sued the Federal Trade Commission in an attempt to prevent regulators from reopening the company’s landmark $5 billion privacy settlement from 2020 and and from banning the social media giant from monetizing the user data of children.

Thursday’s lawsuit in Washington federal court calls for a halt to the FTC’s proceeding, arguing that it is an unconstitutional abuse of government power.

Meta argues in the complaint that the FTC has acted as both prosecutor and judge in an “obvious power grab … resulting in an unconstitutional adjudication by fiat.”

Read the source article at CNN Business