Loading...
Market
Settlement amount TikTok reaches with DOJ over COPPA by end of 2024
2
US Federal Trade Commission•FTC•TikTok•ByteDance•Department of Justice•DOJ•COPPA•FTC Act•Civil Division
Resolution / Starting Odds
Less than $5 million • 33%
$5 million to $10 million • 33%
More than $10 million • 33%
Official announcements from the Department of Justice (DOJ), Federal Trade Commission (FTC), or TikTok.
Story
FTC Refers TikTok Complaint to DOJ's Civil Division Over Child Privacy and FTC Act Violations
Jun 18, 2024, 07:53 PM
The US Federal Trade Commission (FTC) has referred a complaint against TikTok and its parent company ByteDance to the Department of Justice (DOJ). The FTC's investigation found reason to believe that TikTok and ByteDance may be violating the Children's Online Privacy Protection Act (COPPA) and the FTC Act. The referral to the DOJ's Civil Division indicates that the FTC believes pursuing a case is in the public interest. This action follows a previous settlement in 2019 where TikTok paid $5.7 million for alleged COPPA violations. The move also comes after TikTok and ByteDance sued over the recently passed Protecting Americans From Foreign Adversary Controlled Applications Act.
View original story
Similar markets
No fine • 33%
Less than $10 million • 33%
$10 million or more • 33%
Yes • 50%
No • 50%
No action taken • 33%
Settlement reached • 33%
Charges filed • 33%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Monetary fine • 25%
Operational restrictions • 25%
Mandatory sale of US operations • 25%
Other • 25%
Less than $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%
No fine • 25%
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $2 billion • 25%
More than $2 billion • 25%
Lawsuit filed • 33%
Settlement reached • 33%
No action taken • 34%