News: Senator Hollings unveils Net privacy bill
"Privacy fears are stifling the development and expansion of the Internet as an engine of economic growth," Hollings, chairman of the Senate Commerce Committee, said in a statement.

Hollings' proposal comes against a backdrop of consumer frustration over consumer data-collection practices. Among other incidents, drugmaker Eli Lilly was in the center of a Federal Trade Commission probe into the disclosure of e-mail addresses of hundreds of people. Three months ago, the FTC concluded that Eli Lilly violated its online privacy policy but that it did not face fines because the incident was unintentional and not a clear case of fraud. The company, however, agreed to bolster its existing security and to create an internal program to prevent future privacy violations.
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