This post was written by Alysa Z. Hutnik.
On Tuesday, April 26, 2010, the Federal Trade Commission (FTC) announced that it intends to develop Internet privacy guidelines. The guidelines will examine social networking sites’ data handling practices and create a framework to guide social networks and others going forward. Given the FTC’s recently concluded Privacy Roundtables (see our posts here, here and here) and pending action items from the roundtables, the guidelines for social networks may provide a foundation for further FTC privacy guidance for businesses down the road.
While privacy laws have been in flux for some time, these events underscore how rapidly the regulatory environment for online businesses is changing, and a close watch on the FTC’s actions and guidance will be critical to navigate the compliance road ahead.