MediaPost: CFPB Lacks Authority For Sweeping Privacy Regulations, Advertisers Say

But the advocacy group Electronic Privacy Information Center, which supports privacy regulations, argues that data brokers “can and should be regulated” under the Fair Credit Reporting Act and related financial protection laws.

The organization writes that data brokers harm consumers in several ways, including by fueling ads that influence consumer’s purchases.

“The data broker ecosystem limits consumer autonomy by shaping purchasing preferences and patterns,” the privacy organization writes.

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