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Trump administration relies on 'morally binding' corporate self-regulation

Original: Meanwhile, the Trump admin is trusting the most, soulless, ruthless corporations to regulate themselves via a ‘morally b

The Trump administration is being criticised for trusting large corporations to regulate themselves through a 'morally binding' agreement rather than enforceable rules. The criticism comes as a jury found Facebook liable for $43 million over privacy violations, a case critics cite as evidence that companies cannot be left to police their own conduct on user data.

Why now: The Facebook privacy verdict is fuelling debate over whether voluntary corporate agreements are adequate consumer protections.

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