Facebook chief executive Mark Zuckerberg speaks during the Samsung Galaxy Unpacked 2016 event in Barcelona on Feb. 21, 2016. “I think that this privacy spill is politically the equivalent of the oil spill in the Gulf of Mexico,” said Markey, now a senator from Massachusetts, in an interview Thursday. For now, the U.S. government isn’t totally lacking in laws that govern the ways that companies collect, swap and sell data. Often, it can only slap tech companies with major financial penalties on their second offense. In 2016, for example, the Federal Communications Commission under President Barack Obama sought to issue new privacy rules for the Internet.

Source: Washington Post March 23, 2018 16:41 UTC