You might remember Tim Cook expecting tech giants to be subjected to regulation through some sort of privacy bill. Reuters reported that a privacy bill is indeed in the works, and that it might see daylight in early 2019, while AppleInsider noted this might be what Mr. Cook was expecting. Of course, this is the world of politics, so who knows what final shape this bill will take, but here’s a glimpse at where it is now:
A subcommittee of the Senate Commerce, Science and Transportation Committee discussed elements of the bill on Tuesday, including the possibility that the Federal Trade Commission (FTC) could be given the authority as enforcer to oversee telecommunications companies and non-profits, exact civil penalties and create regulations.
Check It Out: Tim Cook’s Expected Privacy Bill May See Light of Day in 2019