GLOBAL TIMES - The highly anticipated Personal Information Protection Law came into effect on Monday in China. The law prohibits the excessive collection of personal information and big data-enabled price discrimination against existing customers. The law requires Internet giants, which possess the personal information of a large number of users, to set up independent bodies that will be mainly composed of outsiders to supervise how the information is handled. More than 20 companies including matchmaking website Zhenai.com and tech giants Tencent and Huawei have promised to strictly safeguard the boundaries of users' privacy, set limits on personal information collection within the law and protect users' rights to fair trade.
by Liu Caiyu & Zhang Dan
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