- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Germany’s competition regulator has cited Facebook for forcing consumers to give blanket approval to the social media giant’s terms and conditions without being privy to how and how often their data is actually being shared.
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On his own company blog, Facebook CEO Mark Zuckerberg voiced his support for implementing a U.S. version of the European Union’s General Data Protection Regulation.
German petrochemical parts supplier Aiotec agreed to pay $14.5 million to settle allegations that it engaged in a four-year conspiracy to dismantle and ship a plastics manufacturing plant owned by a U.S. company to Iran, in violation of U.S. sanctions.
Big Tech digital payment apps will be subjected to increased oversight and requirements–similar to that of banks and credit unions–under a finalized rule by the Consumer Financial Protection Bureau.
