Tuesday, May 27, 2014

If you can't stop them,


The least that can be done is to let you see what they are taking. So says the FTC regarding consumer data pillaging by corporations. As a result, the FTC has proposed Congress pass new legislation to accommodate this.
Data brokers that collect, analyze and sell huge amounts of information on the activities of consumers for marketing purposes operate with “a fundamental lack of transparency,” the Federal Trade Commission said in a report on Tuesday.

The report is the result of a lengthy investigation of the data-broker industry, and it recommends that Congress enact legislation that requires the companies to disclose more information about themselves and the data they collect.

The legislation, the F.T.C. recommends, should give consumers access to the information collected about them by data brokers, allow consumers to suppress information and inform consumers what inferences are being made about them.

The F.T.C. report adds momentum to the push in Washington to put new curbs on how information collected about people is used by companies. In May, the White House issued its own report that focused largely on how companies gather and use vast stores of data online about individuals, and that those practices could be used to discriminate against certain racial, ethnic or socioeconomic groups.

The White House report called for a renewed push to pass a Consumer Privacy Bill of Rights, which President Obama first proposed in 2012. Several of the recommendations in the F.T.C. report are similar to those in the White House privacy proposal.
However, as this is something supported by that black guy in the White House, there is no way i Hell those old white guys in the Republican caucus will let this pass or even be discussed.

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