A new report from the Federal Trade Commission claims social media and video streaming services have conducted “vast surveillance” of consumers to monetize personal information.

Consumers do not understand how much privacy they are giving up, largely to facilitate targeted advertising, the Federal Trade Commission said in a report on the data practices of social media and video streaming companies.

The Federal Trade Commission published a new report about the data collection policies of social media platforms and video streaming services, and the results are damning, if not unexpected. The report,