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FTC Settles Kid-Privacy Charges With 5 Web Sites

By Keith Perine
04.19.2001
Categories

bankruptcy proceedings last year. Those charges were settled last July after Toysmart agreed not to sell its customer list as a stand-alone asset. The settlement drew fire from privacy advocates and state attorneys general, who criticized it as letting Toysmart off the hook. In January, Walt Disney Co., which owned a majority stake in Toysmart, paid $50,000 to destroy the data.