The Federal Trade Commission on Wednesday proposed a series of restrictions on Meta after an independent assessor found that the company had violated its 2020 privacy agreement with the regulator. The restrictions would ban Meta, which owns Facebook, from profiting off the data collected from users who are under 18 years old. It is the third time the agency has taken action against the company for allegedly violating users’ privacy. “Facebook has repeatedly violated its privacy promises,” said Samuel Levine, director of the FTC’s Bureau of Consumer Protection. “The company’s recklessness has put young users at risk, and Facebook needs...