Regulators rethink approach to online privacy

Federal regulators are rethinking their approach to online privacy and security, reports the Wall Street Journal -- asking academics, public interest groups, and industry executives to suggest ways to overhaul rules to better protect consumers. As part of the review, David Vladeck, the Federal Trade Commission's new head of consumer protection, is considering whether to throw out current privacy protections that revolve around lengthy disclosure statements that consumers rarely read.

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