The Federal Trade Commission is planning to launch a wide-ranging study of tech companies' data practices, in the latest sign of the increased scrutiny that Silicon Valley giants such as Facebook are facing in Washington.
The Federal Trade Commission is planning to launch a wide-ranging study of tech companies' data practices, in the latest sign of the increased scrutiny that Silicon Valley giants such as Facebook are facing in Washington.
In such a study, the agency can order companies to turn over detailed information about their business practices. That could force tech companies to share closely held corporate secrets about their inner workings that they've long resisted disclosing. In his follow-up responses to the Senate after the hearing, Simons went further, telling Thune, "I agree with you that the FTC’s section 6 authority could be used to provide some much-needed transparency to consumers about the data practices of large technology companies." He added, "We are developing plans to issue 6 orders in the technology area."
Tech critics have long called on the FTC to exercise its 6 authority when it comes to Silicon Valley's privacy and competition practices.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Agency probing Facebook plans broad review of tech data practicesThe Federal Trade Commission is planning to launch a wide-ranging study of tech companies' data practices, in the latest sign of the increased scrutiny that Silicon Valley giants such as Facebook are facing in Washington
Read more »
U.S. FAA says Boeing to develop service bulletin on 737 MAX, calls it 'agency priority'The Federal Aviation Administration said on Wednesday that Boeing Co is developi...
Read more »
FAA says reviewing 737 Max software fix is 'an agency priority'Boeing has been working on a software update that is expected to correct issues with the 737 Max maneuvering characteristics augmentation system.
Read more »
Trump announces pick for FAA, an ex-Delta executive, as agency faces new scrutinyThe White House announced that President Trump has selected former Delta Air Lines pilot and executive Steve Dickson to head the Federal Aviation Administration.
Read more »
Canada to create national drug agency to help cut cost of medicinesCanada will create a national drug agency to help cut the cost of prescription m...
Read more »
More people die after Nigeria building collapse: emergency agency officialMore people have died after being taken to hospital in the wake of the collapse ...
Read more »
Human rights agency rejects Assange complaint against EcuadorAn international human rights organization has turned down a request by WikiLeak...
Read more »
Indonesia to speed up release of Lion Air crash report -safety agency headIndonesia will hasten the release of its report on the October crash of Lion Air...
Read more »
Jim Dolan's Latest Actions Could Hurt Knicks In Free AgencyJim Dolan's latest actions, including banning a fan from the Garden and repressing the Daily News, could impact the team's pursuit of free agents. Besides, says Charles Barkley, the Knicks are competing with other big-market franchises, and there's no guarantee they'll land the top free agents.
Read more »
Analysis | In NFL free agency, the biggest moves rarely prove to be worth the priceAnalysis: In NFL free agency, the biggest moves rarely prove to be worth the price
Read more »