Data privacy and business
On another note, the Senators in the US initiated an Anti Trust Law Suit against Facebook in 2020."Facebook Inc. was sued by U.S. antitrust officials and a coalition of states that want to break up the company by unwinding its acquisitions of Instagram and WhatsApp, deals the government says were part of a campaign to illegally crush the competition. Dec 10, 2020" - Source Google
This recent development seems like a much-delayed reaction of the corporate acquisition & business decision which had happened in 2012 & 2014. Was the deal approved by the Competition Authority then?
More about this in,
Having said this, wasn't this exchange of intra-corporate data to be utilized towards business growth always on the cards?
#dataprivacy #fintechindustry #businessadvisory