Lawmakers Pitch FTC To Rein Facebook, YouTube For Safety Of Children

Three U.S. Democratic lawmakers on Friday urged the Federal Trade Commission to ensure technology companies comply with policy changes for protecting young people online, Reuters reports.
The tech companies include Facebook Inc FB, Alphabet Inc's GOOG GOOGL YouTube, and ByteDance Ltd's TikTok.
The letter from Senator Ed Markey and Representatives Kathy Castor and Lori Trahan cited recent commitments by the companies amid growing concern by lawmakers about young people online.
The FTC admitted, "obligation to ensure that powerful technology platforms comply with their public statements and policies on children's and teen's privacy."
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Price Action: FB shares traded higher by 0.36% at $330.37 on the last check Friday.
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