Facebook Bends to EU Pressure on Misleading Fine Print
April 09 2019 - 6:35AM
Dow Jones News
By Sam Schechner
Facebook Inc. has bowed to demands from European Union
regulators to change what the bloc had called its misleading terms
of service, the latest example of a broader effort by governments
globally to exercise more control over tech firms.
The European Commission, the EU's executive arm Tuesday said
that Facebook has agreed to address a list of outstanding concerns
that it and a group of national consumer-protection authorities had
articulated about the company's terms of service. The changes will
be made by June, the commission said.
Among the commitments the commission disclosed, Facebook will
spell out for users how it makes money by using personal
information about them to sell targeted advertising, and clarify
that it can be held liable for misuse of user data when it "has not
acted with due professional diligence."
"Today Facebook finally shows commitment to more transparency
and straightforward language in its terms of use," said Vera
Jourová, the EU's commissioner for justice, consumers and gender
equality.
Facebook said that it made the "several of the updates" as a
result of work with EU consumer-protection regulators, but would
make those changes globally.
Write to Sam Schechner at sam.schechner@wsj.com
(END) Dow Jones Newswires
April 09, 2019 06:20 ET (10:20 GMT)
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