The FTC reportedly considered fining Facebook 'tens of billions of dollars'

Mark Zuckerberg.
(Image credit: Getty Images)

Facebook reportedly dodged a Federal Trade Commission fine several times larger than the one it's ultimately expected to receive.

Regulators, according to a Monday report in The Washington Post, "stopped short of some even tougher punishments it initially had in mind" for Facebook as part of the FTC investigation into the company's data practices, including a potential fine of "tens of billions of dollars." But Facebook thought it should have to pay less than $1 billion and "felt it could easily prevail in court" over the FTC, the report says.

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