By: AP News
August 20, 2020
BEIJING (AP) — China is tightening control over information gathered by companies about the public under a law approved Friday by its ceremonial legislature, expanding the ruling Communist Party’s crackdown on internet industries.
The law would impose some of the world’s strictest controls on private sector handling of information about individuals but appears not to affect the ruling party’s pervasive surveillance or access to those corporate data.
Its passage follows anti-monopoly and other enforcement actions against companies including e-commerce giant Alibaba and games and social media operator Tencent that caused their share prices to plunge.
The law, which takes effect Nov. 1, follows complaints that companies misused or sold customers’ data without their knowledge or permission, leading to fraud or unfair practices such as charging higher prices to some users.