Home Platforms Zuck In DC: Facebook On Track To Ban Discriminatory Housing, Job And Credit Ads By Year’s End

Zuck In DC: Facebook On Track To Ban Discriminatory Housing, Job And Credit Ads By Year’s End

SHARE:

On the menu in Washington, DC, today: Mark Zuckerberg, served skewered and moderately grilled by House reps during a hearing on Facebook’s impact on the financial services and housing sectors.

Most of the questions he faced were skeptical queries about the potential pitfalls of Facebook’s attempted foray into cryptocurrency with Libra, which Rep. Brad Sherman, D-CA, facetiously referred to as “the Zuck buck.”

Zuckerberg confirmed that Facebook won’t launch anything Libra-related until it receives regulatory approval.

But lawmakers also interrogated Zuckerberg about Facebook’s efforts to prevent its algorithm and ad targeting options from enabling discrimination against legally protected classes.

Facebook recently settled with the ACLU, National Fair Housing Alliance (NFHA) and Department of Housing and Urban Development over allegations that advertisers could use Facebook’s ad system to exclude users by gender, age and ZIP code from seeing ads for employment, housing and credit-related products, which is illegal under federal law.

At one point, lawmakers explicitly asked Zuckerberg whether Facebook disallows discriminatory targeting and “redlining,” the racist practice dating back to the 1930s of denying would-be borrowers access to credit based on where they live.

And … he actually wasn’t sure, although he had a feeling that Facebook had already started blocking discriminatory ad targeting on its platform.

But after quickly conferring with his team, Zuck clarified: Turns out there’s still some work to do on preventing discrimination in ads on Facebook.

Although advertisers are no longer able to target by age, gender or ZIP, or by certain interest categories for housing, employment and credit opportunity ads, the ban hasn’t been instituted across the entire platform.

“We have implemented that change in the primary surface for buying ads on Facebook that covers 80% of the ads,” Zuckerberg said. “In the settlement there is a time frame to implement the other 20% by the end of the year, which we’re on track to do, but have not done yet.”

More specifically, as part of its settlement with the NFHA, Facebook pledged to create a separate flow for housing, employment and credit ads in Ads Manager by the end of September.

The move was necessary, although it raises an interesting question about how attractive Facebook will now be as an advertising platform for job boards, credit card companies, rental sites and the like.

The settlement also requires Facebook to create separate ad creation and audience selection tools within Facebook’s Marketing API for these types of ads, and a new Housing Search Portal that will allow users to search and view current housing ads regardless of whether they were in the audience selected by the advertisers; basically it’s a housing-specific version of Facebook’s Ad Library for political, election-related and issue ads.

Both the housing ads portal and new Marketing API flows must be finished by Dec. 31.

Despite being in the crosshairs, Zuckerberg took a brief moment during his congressional grilling to toot Facebook’s horn about its anti-discrimination policies.

“I don’t think any of the other internet platforms restrict the kind of targeting we do for these categories,” he said, “but I think doing so helps us uphold the principles of stopping discrimination.”

Must Read

Roku Revamps Its Home Screen To Appease Both Consumers And Advertisers

Roku unveiled its new home screen, which includes new features designed to further personalize the home screen experience for each viewer.

Why Critics Say Email-Based IDs Don’t Work For CTV

Email targeting in CTV has a credibility problem as buyers and sellers question whether one-to-one identity even fits a channel built for broader reach.

How ‘Wrapped’ Insights Become Audience Segments

How does Spotify translate quirky Wrapped labels, like “divorced dad hipster,” into ad audiences? And is AI-generated content safe for brands? Spotify’s Global Head of Ad Product Katie English weighs in.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Pirated Sports Streams Are Warping TV’s Most Important Ratings

Although tides of ad revenue flow based on the ratings of certain tentpole TV events, a new crop of scammers now operate illicit sports livestreaming rings, and there’s almost nothing broadcasters can do about it.

AI Is Redefining Premium Content – Which May Not Be A Good Thing

At AdExchanger’s Programmatic AI conference, media experts discussed how the rise of AI-generated content is changing the industry’s understanding of “premium” content.

The Big Story Podcast

Prog AI Live: AI’s Slippery Slop

Recorded live in Las Vegas at Prog AI, the AdExchanger team tackles a tricky question: As AI floods the feed with chaotic, addictive content and people engage with it, what does “premium” even mean anymore?