Facebook Exec Says Customers Won’t Get New Features If It Has To Follow Tough Privacy Rules

New features in an online service are nice, but are they worth the cost of giving up one’s privacy?

In a Financial Times opinion article Wednesday, Facebook’s public policy director in Europe Richard Allan said European privacy regulators are killing the internet business, and ultimately Europe’s financial success, by subjecting tech companies to unnecessary probes and strict regulations.

Regulators in the Netherlands, Germany, Belgium, Italy, Spain and France have joined forces to scrutinize the company’s services, including advertising and data-tracking habits. Europe is already known for its strong privacy laws, but the result of the investigations could mean internet companies that want to operate in Europe have to abide by each country’s privacy laws.

Details may be found at http://goo.gl/eE4ZCN.

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