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Facebook Hit by Privacy Blow

June 18, 2009
by Richard Waters
Reporter, FT.com

Richard Waters

European privacy regulators could be about to throw a spanner into the works of attempts by social networking sites such as Facebook to find new ways to increase profits as they try to restrict the way internet groups release personal data.

The European move marks the first attempt by regulators to address the “open” internet platforms that the social networks, led by Facebook, have rushed to create.

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