• Kyodo, JIJI

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The Fair Trade Commission said Thursday it has compiled draft guidelines for tighter regulation of technology giants in order to strengthen protection of customer data, and aims to introduce the first such rules as early as October.

The antitrust watchdog said the guidelines are designed to address concern about major tech companies, such as Amazon.com Inc., Apple Inc., Facebook Inc. and Google LLC, obtaining personal data by making use of their “superior bargaining position.”

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