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Briefing
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- Vote to Cease FCC Rules – U.S. Senators voted in favor of scrapping previous Internet privacy rules set by U.S. Federal Communications Commission (FCC) in October 2016 under Obama administration
- Privacy Rules Background – Would have protected consumer data from being shared without permission upon implementation by end of 2017
- Broadband Providers Win – Marks win for broadband providers, as previous FCC rules would have subjected them to stricter privacy regulations, including taking measures to secure consumer data in event of breach
- Republican and New FCC Stance – Republican lawmakers and FCC’s Ajit Pai indicate regulations put unnecessary burden on telecom providers that are not expected of web companies like Facebook and Google
- Potential Abuse – Democratic lawmakers implied move can put consumer data at risk of abuse from data collecting Internet providers
- Next Steps – House of Representatives to vote on regulation, followed by signature from President Trump before rules are officially dismantled
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Accelerator
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Market Disruption
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Sector
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Government (excluding military), Information Technology, Telecommunications
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Organization
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U.S. Congress, U.S. Federal Communication Commission
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Source
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Original Publication Date
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March 23, 2017
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