European Business News Briefing

by chenodeu1 on 2012-02-04 17:24:44

The data protection authorities of the EU have required Google to postpone the launch of its new privacy policy until they have confirmed that it does not violate the EU's data protection laws. Google announced its new privacy rules - which govern how the web giant uses the personal information it collects - with great fanfare last week. Since then, it has launched a massive publicity campaign to inform its global users about the new policy, which will be rolled out on March 1st. In a letter to Larry Page, CEO of Google, Jacob Kohnstamm, chairman of the group of privacy regulators from the 27 EU countries, said that the French data protection agency is examining the new rules. "We call for an assurance that there is no misunderstanding about Google's commitment to the information rights of their users and EU citizens. The interest benefits from suspending the launch of the new rules until we have completed our analysis," Kohnstamm wrote in the letter, which was released last Friday. Google has a market share of over 90% in the EU. EU competition authorities are investigating whether Google is using this dominant position to block other search engines from entering the market.

Related thematic articles:

In China, labor costs are built into the price of an iPad.

The New York Giants' winner Cruz dances into the Super Bowl spotlight.

Sony's annual losses soar, now expected to approach $3 billion.

As Facebook prepares for its IPO, investors wonder if Zuckerberg has a business twist.

The EU investigates Samsung's internet patent licensing practices.