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James D. Rosener Quoted in CBS News Article, 'FTC's Record $5 Billion Facebook Fine Less Than a Tenth of Company's Revenue'

7/24/2019
James D. Rosener Quoted in CBS News Article, 'FTC's Record $5 Billion Facebook Fine Less Than a Tenth of Company's Revenue'

James D. Rosener, a partner in the Commercial Department of Pepper Hamilton, was quoted in the July 24, 2019, CBS News article, "FTC's Record $5 Billion Facebook Fine Less Than a Tenth of Company's Revenue."

The size of the FTC fine could serve as encouragement to other regulators, including in other countries Facebook operates, said James Rosener, head of the international practice group at Pepper Hamilton.

"The question is whether that gives other regulators in Europe more ambitious targets," Rosener said. "Say, the U.S. got $5 billion, maybe we should get $6 billion. We'll look like chumps if we ask for just one billion."

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