Loading...
Market
What actions will TikTok take in response to the DOJ and FTC lawsuit by the end of 2024?
2
Resolution / Starting Odds
Implement stricter data policies • 25%
Pay a fine • 25%
Shut down US operations for users under 13 • 25%
Other • 25%
Official announcements from TikTok, DOJ, FTC, or court documents
Story
DOJ and FTC Sue TikTok, ByteDance for Massive-Scale Children's Data Collection Violations
Aug 2, 2024, 05:33 PM
The U.S. Justice Department and the Federal Trade Commission have filed a lawsuit against TikTok and its parent company ByteDance for allegedly violating the Children’s Online Privacy Protection Act. The lawsuit, filed on Friday, accuses the social media giant of collecting data from users under the age of 13 without parental consent on a massive scale. This action follows a previous settlement TikTok had reached with another federal agency. The complaint highlights that TikTok knowingly allowed children under 13 to create accounts and interact with adult content, thereby breaching federal online privacy laws. The lawsuit marks a significant escalation in the ongoing conflict between the U.S. government and the Chinese-owned app, which had sued the government three months ago over a law that could ban it across the country.
View original story
Similar markets
Sell TikTok's US operations • 25%
Implement stricter privacy measures • 25%
Fight the lawsuit in court • 25%
Other • 25%
Deny allegations • 25%
Announce policy changes • 25%
Settle with states • 25%
No official response • 25%
Introduce new features • 25%
Enhance existing features • 25%
No changes • 25%
Launch educational campaign • 25%
Monetary fine • 25%
Operational restrictions • 25%
Mandatory sale of US operations • 25%
Other • 25%
Enhance safety features • 25%
Launch public awareness campaign • 25%
No significant changes • 25%
Other actions • 25%
Settlement reached • 25%
TikTok fined • 25%
Case dismissed • 25%
Ongoing litigation • 25%
TikTok found guilty • 25%
TikTok settles • 25%
TikTok found not guilty • 25%
Case dismissed • 25%
TikTok settles • 25%
Case dismissed • 25%
TikTok found guilty • 25%
Other • 25%
Yes • 50%
No • 50%
Enhanced Verification • 25%
Transaction Limits • 25%
Platform Overhaul • 25%
No Major Changes • 25%
New regulations imposed • 25%
Fines imposed • 25%
No intervention • 25%
Other actions • 25%
TikTok banned • 25%
TikTok sold • 25%
TikTok fined • 25%
No significant action • 25%