Reuters reports on efforts by regulators on both sides of the Atlantic to tighten the reins on the "Wild Wild West" of the Internet. The EU has announced that Web businesses may be subject to legal action if they fail to obey forthcoming EU data privacy rules--one of which may require what the European Commission calls a "right to be forgotten" for Internet users. A spokesman for one social network said there are industry concerns about "an over-prescriptive interpretation of what these rights mean in practice." Meanwhile, the report points out that although the EU and U.S. have traditionally differed on privacy issues, "they are working together to come up with a common set of standards."
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