According to the findings, many social media sites and streaming services have been involved in "vast surveillance" of customers to profit from personal information.
... the social media sites and streamers listed didn't "adequately protect children and teens on their sites," often treating teens the same as adult users.
The report alleges that social media companies may claim children aren't using their services to avoid liability under existing child privacy protection regulations.
The FTC says the core of the issue here is that the business model of most of these platforms hinges on the "mass collection" of user data.
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