This is the best summary I could come up with:

Meta sued the Federal Trade Commission yesterday in a lawsuit that challenges the FTC's authority to impose new privacy obligations on the social media firm.

The FTC proposed changes to the 2020 privacy order that would, among other things, prohibit Facebook from monetizing data it collects from users under 18.

Meta argues that in the FTC's administrative proceedings, "the Commission has a dual role as prosecutor and judge in violation of the Due Process Clause."

Meta says it should have a right to a trial by jury and that "Congress unconstitutionally has delegated to the FTC the power to assign disputes to administrative adjudication rather than litigating them before an Article III court."

"It speaks volumes that Meta would rather launch a frivolous lawsuit against the agency tasked by Congress with protecting American consumers, especially our children, than do the serious work needed to reform their platforms."

"Meta's baseless lawsuit is a weak attempt to avoid accountability for its repeated failures to protect kids' privacy online," Markey said.

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