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>>In the event of an acquisition a consumer should have complete legal authority to decide whether there information transfers to the new company, and it is opt
by patmcc 4y ago
>>In the event of an acquisition a consumer should have complete legal authority to decide whether there information transfers to the new company, and it is opt-in only by default.
How would you sensibly have this work with a publicly traded company? Or any corporation, really. Every time any stock changes have all the data they have is unusable?
- nightski 4y agoThe key is that data could not be shared outside of that company without the user's permission. Generally publicly traded stock does not entitle one access to data a company collects on users. If data is shared, for any reason outside of the boundary of the legal entity, or if the legal entity is absorbed by another one then data can only be transferred with the consumer's permission.