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GoodRx to be barred from sharing health data for ads under proposed FTC settlement - TL;DR CNBC

GoodRx to be barred from sharing health data for ads under proposed FTC settlement

Publishing timestamp: 2023-02-01 15:24:04


Summary

The Federal Trade Commission proposed to bar prescription drug comparison site GoodRx from sharing users' health data with third parties for advertising purposes. GoodRx denied wrongdoing and said it has proactively addressed privacy concerns. The proposed order includes a $1.5 million civil penalty for allegedly violating the agency's Health Breach Notification Rule. GoodRx shares were up 3.5% on Wednesday.


Sentiment: NEUTRAL

Tickers: GDRX,  GOOGL,  META,  CRTO,  FTCI, 

Keywords: breaking news: politics,  politics,  goodrx holdings inc,  breaking news: technology,  criteo sa,  meta platforms inc,  mobile,  alphabet class a,  social media,  business news,  ftc solar inc,  technology, 

Source: https://www.cnbc.com/2023/02/01/goodrx-barred-from-sharing-health-data-under-proposed-ftc-settlement.html


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