A coalition of state attorneys general has asked the U.S. Federal Trade Commission for stricter reporting requirements for tech acquisitions and new rules for data brokers, CNBC reports. A letter sent to the FTC on these requests was signed by the attorneys general of 39 states, as well as from the District of Columbia, Guam and Puerto Rico. The attorneys general want a data broker clearinghouse to allow customers to opt out of data collection and limit the amount of time companies can hold onto user information. “Platforms’ collection of consumer data creates privacy concerns touching on consumer protection,” the letter states. “But the scale and volume of the collection of that data also raises competition concerns.”
Full Story