A General Data Protection Regulation enforcement notice from United Kingdom regulators could leave credit reporting giant Experian on the hook for as much as $24 million – baffling U.S. and European Union companies alike, say legal experts.
The investigation that led to the notice found issues in each of the big three credit reporting agencies, and the data brokerage economy in general. While Experian, TransUnion and Equifax received praise for working with regulators on several of the problems apparently endemic to the industry, Experian reportedly failed to meet all its requests.
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