- Oct 09, 2020
Facebook Assures CCI of Limited Data Sharing Amidst the Ongoing Jio Deal
Social media giant Facebook has promised the Competition Commission of India (CCI) that it would work towards securing the data of its users. Facebook has stated that it would be sharing a 'limited degree of data' with Jio platforms required for e-commerce transactions.
Both the platforms have been issued a warning by CCI regarding the sharing of data. CCI has mentioned that any sacrifice on the data of the users would be taken seriously by the regulator. The deal between Facebook and Jio platforms will involve the transfer of limited data.
Data shared cannot be used by either party for their business purposes neither, can they be shared with any sort of the third party. Moreover, the sharing of data in the future would be taken up by the commission under Sections 3 and 4 of the Competition Act.
Read more at m.economictimes.com