FTC recommends conditions for sale of RadioShack customer data

The U.S. Federal Trade Commission has weighed in on the contentious issue of the proposed sale of consumer data by bankrupt retailer RadioShack, recommending that a model be adopted based on a settlement the agency reached with a failed online toy retailer.

The state of Texas, which is leading action by several U.S. states, has opposed the sale of personally identifiable information by RadioShack, citing the online and in-store privacy policies of the bankrupt consumer electronics retailer.

Apple and some wireless carriers have opposed the sale of some of the customer data, which it said was collected from their respective customers and was governed by their privacy policies.

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Story added 18. May 2015, content source with full text you can find at link above.