FTC sets opt-out rules for consumer info sales

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The Federal Trade Commission last week unveiled new consumer financial privacy rules that bar credit bureaus from selling to marketers name and address information from credit files unless consumers are first given the chance to opt out of those lists. Credit bureaus said they will challenge the new rules in court. The Direct Marketing Association said it is considering joining the credit bureaus in that action.

Copyright May 2000, Crain Communications Inc.

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