U.S. lawmakers drafting online privacy legislation zeroed in on a major point of...
WASHINGTON - U.S. lawmakers drafting online privacy legislation zeroed in on a major point of contention on Wednesday of whether their federal law should pre-empt stringent regulations recently passed by California that could hurt corporate profits.
Democrats and Republicans generally agree new rules are needed on what data social media companies can collect on consumers and what they should be allowed to do with that data, not only for the biggest players like Facebook Inc and Alphabet’s Google, but also smaller online firms. Legislators do not agree on several major issues, however, including whether a federal law should preempt the California measure due to go into effect in less than a year.
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