Dutch Consumer Groups Sue Google Over Privacy Violations, Seek Compensation
Portfolio Pulse from Anusuya Lahiri
The Dutch consumers' association Consumentenbond and the Privacy Protection Foundation have sued Alphabet Inc's Google for alleged large-scale privacy violations. They demand Google to stop its surveillance and sharing of personal data and compensate €750 ($804) in damages for every consumer who has used Google. The lawsuit could force Alphabet to separate its search business from other products.
September 13, 2023 | 12:35 pm
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NEGATIVE IMPACT
Alphabet Inc's Google is facing a lawsuit over alleged privacy violations. This could potentially lead to financial implications and changes in business practices.
The lawsuit could lead to financial penalties for Alphabet Inc's Google and force changes in its business practices. This could negatively impact the company's profitability and reputation, which could in turn affect the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Alphabet Inc's Google is facing a lawsuit over alleged privacy violations. This could potentially lead to financial implications and changes in business practices.
The lawsuit could lead to financial penalties for Alphabet Inc's Google and force changes in its business practices. This could negatively impact the company's profitability and reputation, which could in turn affect the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100