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Facebook Fought Rules That Could Have Exposed Fake Russian Ads

  • In 2011, company said FEC shouldn’t stand in way of innovation
  • Russian meddling prompts calls for political ad transparency
Bloomberg business news

Facebook Ads at Center of Russia Investigation

Facebook Inc. is pledging greater transparency about who’s behind election-related ads online. For years, the company fought to avoid it.

Since 2011, Facebook has asked the Federal Election Commission for blanket exemptions from political advertising disclosure rules -- transparency that could have helped it avoid the current crisis over Russian ad spending ahead of the 2016 U.S. election.