The Self Regulation Must Be Added By Laws - 1421 Words

In my estimation I think that the self-regulation need to be added by laws, because it is built on a pure-market model to preserve consumer privacy, consumer confidence, and raise business’ owner revenues. However, it is uncertain whether the competitive market model, utilized as an argument in favor of industry self-regulation, is applicable, due to the fact that, some consumers lack of basic understanding of Internet privacy. I don’t think it benefit for businesses to protect their privacy, if consumers do not understand the basics of online data collection and privacy. If they cannot make the difference, they will not definitely prefer a site with a stated privacy policy to another site. There are many problems with this system. First,†¦show more content†¦The European Union consider data privacy as a basic right that is best preserve by legislation and federal policing. The United States, in contrast, relies largely on a self-regulatory approach to effectiv e data privacy and protection. The provisions of the European Union law require businesses to accumulate individual data only for clearly stated purposes and prohibit data revelation to third parties unless consumers agree to give permission to do so. European consumers have the authority to sue companies that don t follow the practices of these regulations. What is your general assessment of cookie and spyware technologies? Should there be some legal limits on how these technologies are used? There are some tiny data files that are being put on your hard drive by Web sites when you visit them called cookies. Basically cookies are not bad. Cookies have been used to store login information about a user in order to perform authentication, to identify you as a distinctive visitor by identifying your Web browser software, to track a user’s behavior. When your go back to the Web site that has keep in reserve a cookie, it will try to find your computer for those cookies, and they will know what you were doing in the past. This way the site can customize its contents depending on previous activities. In theory, a cookie only transmits information back to the Web site that put it there and can’t be accessed by other parties. But some Internet advertising companies had