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Global enforcers flag consumer-surveillance, data-brokerage risks to competition

( June 13, 2024, 17:53 GMT | Official Statement) -- MLex Summary: Data brokers who gather large swathes of information to train artificial intelligence models can inhibit competition by limiting access to data and imposing switching costs for customers who seek to change service providers, according to participants in a March forum in Washington, DC, featuring international competition enforcers from 21 agencies. Consumer surveillance can also harm privacy and security, and forum participants "highlighted that intermediary actors such as data brokers are hidden from consumers, preventing awareness that such data collection exists," according to a blog post today by the US Federal Trade Commission's Office of Technology.Statement follows....

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