WASHINGTON: Momentum is gaining in Washington for a privacy law that could sharply rein in the ability of the largest technology companies to collect and make money off people’s personal data.
A national law, the first of its kind in the US, could allow people to see or prohibit the use of their data. Companies would need permission to release such information. If it takes effect, a law would also likely shrink Big Tech’s profits from its lucrative business of making personal data available to advertisers so they can pinpoint specific consumers to target.