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Facebook settles FTC consumer privacy charges

( November 29, 2011, 00:14 GMT | Official Statement) -- MLex Summary: Facebook has agreed to settle allegations made by the US Federal Trade Commission that the social networking giant deceived consumers about the privacy of their information. The proposed settlement bars Facebook from misrepresenting the privacy and security of consumers' personal information and requires the company to submit to outside reviews of its privacy program.Full statement follows...

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