FTC Inquires Into Data Brokers' Business Practices
The Federal Trade Commission today furthered its inquiry into data brokers, or companies that develop and trade data about consumers, sending letters to several major firms today asking them to explain how they obtain consumer data and how they are accountable to the consumers whose profiles they peddle.
The Federal Trade Commission today furthered its inquiry into data brokers, or companies that develop and trade data about consumers, sending letters to several major firms today asking them to explain how they obtain consumer data and how they are accountable to the consumers whose profiles they peddle.
The FTC will aggregate the responses it receives to detail the practices and make recommendations on how the industry could improve its privacy practices. The report is expected in 2013.
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