U.S. FTC to vote on demands for social media info

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U.S. FTC to vote on demands for social media info

The U.S. Federal Trade Commission is expected to vote next week on whether to send demands for information about deceptive advertising to eight social media and video streaming companies, the agency said on Thursday.

The agency did not say which social media companies would receive the demands but said they would use the information to determine what steps they have taken to detect and remove deceptive advertising from their platforms.

Facebook and its subsidiaries Instagram and WhatsApp are some of the biggest social media companies. The commissioners will also vote on issuing demands for information to five 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 they are designed to lead to studies that could underpin future legislation or rules.

The vote will be held on March 16.