Facebook warns EU regulators seeking data access about privacy, liability risks

  • Mon,2 Dec 2019 08:42:53 PM

Clegg said there was also the question of liability, and who would bear the responsibility if things went wrong.

He was in Brussels to meet newly elected lawmakers at the European Parliament, as well as European Commission Vice President Valdis Dombrovskis and his justice colleague Vera Jourova.

On Facebook's plan for a global cryptocurrency called Libra, which has triggered criticism from regulators and banks worldwide, Clegg said the company would not push ahead with the project unless it got the necessary approvals.

"We will not proceed unless regulators are satisfied, particularly U.S. regulators are satisfied, that we have ticked all the boxes," he said.

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Title : Facebook warns EU regulators seeking data access about privacy, liability risks

 
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