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Facebook says it generated €15 billion in added-value in the EU in 2011 (Photo: Spencer E Holtaway)

Facebook warns against 'detailed' EU data law

The world’s largest social media company, Facebook, says the EU draft data protection regulation should remain broad enough to create incentives for business to comply.

“To the extent that the regulation goes off to do odd things, like defining in detail technical standards that is better left to industry players, then it would create huge disincentive for the companies to comply,” said Richard Allan, Facebook’s head of public policy of Europe, Middle East and Africa, in Brussels on Mon...

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Facebook says it generated €15 billion in added-value in the EU in 2011 (Photo: Spencer E Holtaway)

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