Facebook reportedly dodged a Federal Trade Commission fine several times larger than the $5 billion fine it's ultimately expected to receive. Regulators, according to a Monday report, "stopped short of some even tougher punishments it initially had in mind" for Facebook as part of the FTC investigation into the company's data practices, including a potential fine of "tens of billions of dollars." But Facebook thought it should have to pay less than $1 billion and reportedly felt it could easily prevail in court. The $5 billion settlement is expected to be finalized and announced in the coming days. The FTC also reportedly considered punishments as part of its settlement that would have held CEO Mark Zuckerberg personally liable for the company's privacy scandals.
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