Announcing the agreement, the FTC said it had found a number of cases where Facebook had made claims that were “unfair and deceptive, and violated federal law”. For instance, it passed on personally identifiable information to advertisers, even though it said it would not do so. And it failed to keep a promise to make photos and videos on deactivated and deleted accounts inaccessible.
Alas, as the world has bigger fish to fry than some social network, and politics looks like a ship of fools, no laws will be forthcoming. We'll have to make do with a slap-on-the-wrist settlement.