FTC official says data collection allows Big Tech to hurt competition
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WASHINGTON (Reuters) - Vast troves of consumer data collected by big technology companies allow them to gain a competitive edge and pose a threat to competition, Federal Trade Commission's Rohit Chopra said on Friday.Personal data is powering the dominance of tech companies that offer basic services for free, which are ultimately "not really free," Commissioner Chopra, a Democrat, told the House of Representatives Judiciary's antitrust subcommittee during a hearing.He also said small fines and..