That's not true. With the 2011 FTC consent agreement, there is plenty that Facebook can do with customer data that will land them on the wrong side of the law.

That's not true. With the 2011 FTC consent agreement, there is plenty that Facebook can do with customer data that will land them on the wrong side of the law. Investigating and preventing unfair or deceptive acts/practices affecting commerce is a big part of what the FTC does: https://www.federalreserve.gov/boarddocs/supmanual/cch/ftca.pdf https://www.federalreserve.gov/boarddocs/supmanual/cch/ftca....