Photo by Kon Karampelas on Unsplash [Download]

Facebook partners with two more companies ahead of FTC hearing on data portability

Control of data that hurts competition has become a critical topic in the antitrust debate in the United States and Europe.

Facebook also said a portability bill called the Access Act, already doing the rounds in Congress from Democratic Senators Richard Blumenthal and Mark Warner and Republican senator Josh Hawley, is a good first step and that it will continue engaing with lawmakers on it.

Smaller technology companies will be more willing to partner with Facebook once regulations around data portability become more clear, Bijan Madhani, privacy and public policy manager at Facebook told Reuters.

Data portability is a requirement under Europes privacy law called the General Data Protection Regulation and Californias privacy law called the California Consumer Protection Act .

Original article
Author: Reuters Editorial

Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures.

Reuters Editorial has recently written 10 articles on similar topics including :
  1. "Facebook Inc said on Tuesday it removed 7 million posts in the second quarter for sharing false information about the novel coronavirus, including content that promoted fake preventative measures and exaggerated cures". (August 11, 2020)
  2. "Facebook Inc said on Monday it is partnering with external researchers to examine the impact of the social media site on society during the 2020 U.S. presidential election". (September 1, 2020)
  3. "Facebook Inc will restrict content from accounts tied to anarchist groups that support violent acts amidst protests, U.S.-based militia organizations and QAnon, the social media site said on Wednesday". (August 19, 2020)
  4. "Facebook confirmed on Thursday that chief executive Mark Zuckerberg was interviewed earlier this week at a Federal Trade Commission (FTC) investigative hearing as part of the government's antitrust probe into the social media company". (August 20, 2020)
  5. "Facebook Inc said on Friday that Apple Inc has declined its request to waive off the 30% commission fee it takes from apps listed on iOS devices, making a rare critique of a fellow big tech peer". (August 14, 2020)
  6. "Social media companies Facebook Inc and Twitter Inc have announced crackdowns on content linked with the unfounded and sprawling conspiracy theory QAnon". (August 29, 2020)
  7. "British finance minister Rishi Sunak plans to drop a tax on technology companies such as Facebook and Google because it does not raise much money and could hurt a push for a U.S. trade deal, the Mail on Sunday newspaper said". (August 23, 2020)
  8. "FacebookChief Executive Officer Mark Zuckerberg said on Friday the company was at fault for not removing the page and event for a militia group before two people were killed at a protest in Kenosha and deemed it "largely an operational mistake"". (August 28, 2020)
  9. "Facebook Inc on Thursday launched a 'Voting Information Center' for the 2020 U.S. elections to help voters easily navigate the poll process". (August 13, 2020)
  10. "India's information technology minister accused Facebook on Tuesday of censoring content from people supportive of right wing ideology in the latest salvo at the social media giant over content regulation in its biggest user market". (September 1, 2020)
Posted on  , , ,