The federal government’s struggles to rein in Facebook are driving some Democrats and consumer advocates to a stark conclusion: The agency charged with regulating Silicon Valley is not up to the task.
The 105-year-old Federal Trade Commission is a main enforcer of Americans’ consumer protections but it has only a small fraction of the money and workforce of the nation’s largest tech companies — and a privacy staff less than half that of the Irish agency that regulates Facebook’s European operations. And its 15-month investigation of Facebook’s handling of consumer data has some lawmakers and activists calling for an entirely new agency to oversee the online industry.
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