Facebook and its executives were labeled "digital gangsters" and should immediately be subject to statutory regulation, according to an 18-month investigation ordered by the UK parliament.
The UK assessment comes as word that the Silicon Valley tech giant is negotiating a multibillion-dollar settlement with the US Federal Trade Commission, the largest handed out to a tech company in agency history.
The UK report from the Digital, Culture, Media and Sport select committee, found that Facebook purposefully obstructed its inquiry, according to The Guardian, while the social media giant failed to tackle Russian attempts to manipulate elections.
"Democracy is at risk from the malicious and relentless targeting of citizens with disinformation and personalized ‘dark adverts’ from unidentifiable sources, delivered through the major social media platforms we use every day," warned Damian Collins, chairman of the committee.
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