Proposed Law Would Force Big Tech to Reveal Value of Consumer Data

A Democrat and a Republican have filed a U.S. Senate bill to require companies to report to financial regulators and to the public what consumer data they collect and how they leverage it for profit. "When a big tech company says its product is free, consumers are the ones being sold," said Sen. Josh Hawley, R-Mo. "These 'free' products track everything we do so tech companies can sell our information to the highest bidder and use it to target us with creepy ads." Hawley and Sen. Mark R. Warner, D-Va., introduced the DASHBOARD Act.

from TechNewsWorld http://bit.ly/2J3HGCK

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