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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2024-07-24T13:19:00
Eight large companies, including Mastercard and JPMorgan Chase, have been ordered by the Federal Trade Commission (FTC) to provide detailed reports about their possibly secret use of artificial intelligence (AI) to track customers and use the information to set prices.
The FTC alleged that many companies, from retailers to banks, are using surveillance technology and private data about customers, often collected by third parties, to help set prices for their products.
The FTC will use the reports to understand any impacts that the surveillance has on the price of products, and also the types of data the companies or third parties are collecting about people.
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
Register for free
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2024-07-10T15:46:00Z By Adrianne Appel
Sorenson Communications agreed to pay $34.6 million and implement a comprehensive compliance program to settle allegations levied by the Federal Communications Commission that its subsidiary illegally retained call content of users who relied on captions to make and receive calls.
2024-07-09T20:26:00Z By Adrianne Appel
The Federal Trade Commission ordered anonymous messaging app creator NGL Labs and its two founders to pay $5 million for unfairly marketed to children and falsely claiming artificial intelligence filtered out bullying messages and threats.
2024-06-24T21:02:00Z By Jeff Dale
Facial recognition company Clearview AI reached a preliminary settlement in a class action lawsuit alleging it violated the Illinois Biometric Privacy Act, with the company agreeing to compensate victims with stake in the company.
2024-05-02T14:57:00Z By Neil Hodge
The General Data Protection Regulation has been in force for nearly six years. Some industries—and some companies—have been more prone to fall foul of the rules than others.
2024-04-19T19:16:00Z By Neil Hodge
Big Tech firms might need to rethink their plans to charge users for not selling their personal data for behavioral advertising following a decision by Europe’s primary data regulator.
2024-04-05T19:40:00Z By Adrianne Appel
The California Privacy Protection Agency warned businesses to stop asking for excessive information from consumers who have requested to opt out of having their data collected or who are otherwise exercising their privacy rights under the California Consumer Privacy Act.
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