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Daily Dashboard | FTC plans review of tech companies' data practices Related reading: MedData data breach lawsuit settled for $7M

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U.S. Federal Trade Commission Chairman Joe Simons told senators the agency will launch a review of companies’ data practices, Politico reports. In written responses to lawmakers, Simons said the agency plans to focus on large tech companies; however, Simons did not list any organizations by name. The FTC would have the authority to order companies to turn over information about their business practices for such a study. Simons spoke at an Association of National Advertisers conference, where he said laws that require consumers to opt in for targeted ads could benefit large companies but also harm smaller ad tech entities. Meanwhile, Democrats on the U.S. House Committee on Energy and Commerce have asked the FTC to detail how it would use extra funds for consumer privacy protection efforts.
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