The Federal Trade Commission said Wednesday that Facebook misled parents about their ability to control who their children communicated with through the company’s platforms, and the agency proposed new rules restricting the Big Tech company’s operations.

Facebook’s parent company Meta responded that it will fight the FTC’s actions and slammed the regulatory agency’s leader.

The FTC, which has exclusively Democratic commissioners, proposed on Wednesday to make changes to a 2020 privacy order to create new restrictions on how Meta collects data from young users. The proposed order would stop Meta from monetizing c …