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The social network disclosed the amount in its quarterly financial results, saying it estimated a one-time charge of $3 billion to $5 billion in connection with an “ongoing inquiry” by the F.T.C. Facebook added that “the matter remains unresolved, and there can be no assurance as to the timing or the terms of any final outcome.” ...read more

Facebook and the agency have been in negotiations over a financial penalty for claims that the company violated a 2011 consent decree.