Half the country disapproves of RadioShack consumer data auction

Total
0
Shares

You want to know how to piss off half the country? All you need to do is auction off consumer data. RadioShack proved that earlier this week when its decision to sell off all of the data is has on its customers to the highest bidder was opposed by the state of Texas, with more than 20 other state governments offering their support to the objection.  

Several state consumer protection agencies in the U.S. have joined the state of Texas in objecting in bankruptcy court to the proposed sale by RadioShack of personal information of its customers. In a filing Wednesday, the state of Texas said it had received support from 21 governmental consumer protection entities to its objection last week to the planned sale of personally identifiable information (PII) of 117 million RadioShack customers. The state of Texas had earlier objected to the sale citing both the in-store and online privacy policies of the consumer electronics retailer. “All versions of the privacy policy contain an unequivocal provision that consumer PII will not be sold,” state officials said in a filing to the U.S. Bankruptcy Court for the District of Delaware. The state said it had arrived at the number of customers likely to be affected from the deposition last week by a representative of RadioShack. Customer lists and other customer-related information have been included as assets to be sold in the asset purchase agreement, it added.

Leave a Reply

Your email address will not be published.

Read the complete story.

You May Also Like