US Regulator Considers New Probe Into Advertising In Social Media & Video Streaming
According to a report Thursday the FTC is expected to vote next week on whether to send demands for information about deceptive advertising to eight social media and video streaming companies.
It was not reported which social media companies would receive the demands but said that the information would be used to determine what steps they have taken to detect and remove deceptive advertising from their platforms.
Read more: US Congressmen Say More Social Media Regulation Expected In 2023
The commissioners will also vote on issuing demands for information to five business credit reporting agencies, which were not named, regarding how they collect data and market their products.
The inquiries could lead to enforcement actions, depending on what it turned up, but are designed to lead to studies that could underpin future legislation or rules.
The votes are set for an open meeting on March 16.
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