Data Privacy,
Administrative/Regulatory
Jul. 28, 2021
FTC might seize tech companies’ algorithms
FTC chief technologist Erie Meyer said Tuesday that the commission will also consider corporate restructuring, bans and other more punitive enforcement tools against businesses that engage in data abuses.
The Federal Trade Commission warned on Tuesday that big technology companies like Google and Facebook might be forced to surrender the proprietary algorithms that fuel their businesses if they continue to mishandle and misuse consumers’ data.
FTC chief technologist Erie Meyer said at a privacy conference that the commission will also consider corporate restructuring, bans and other more punitive enforcement tools against businesses t...
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