Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Google Inc. will probably be pushed to change the way it applies the “right to be forgotten” to its websites after the European Union and its privacy regulators demand the right to be forgotten to go global.

A few months ago, the U.S.-based company was imposed a decision by the regulatory authorities to provide its users with the opportunity to demand deletion of sensitive information. Data protection regulators reached an agreement over the guidelines towards Google, which will have to apply privacy requests from residents of the European Union to its primary website on its domestic market.

The head of the European Union group of 28 privacy regulators, Isabelle Falque-Pierrotin, said in an interview with reporters, cited by Bloomberg: “All the extensions are included, including the .com. There is no legal basis for routine transmissions from Google, or any other search engines, to editors,” she said. “It may, in some cases be necessary, but not as a routine and not as an obligation, as Google said.”

The representatives of the group agreed that not only Google, but also the other search engines should limit the notifications that their websites have become subjects to such information removals. There was a disagreement between regulators and Google, which arose from considerations related to the implementation of a ruling the Europes top court made in May this year.

The largest search engine in the world quickly moved to apply the courts decision in the summer, but it applied the sensitive information removals only to its domains in Europe, but not its Google.com, even when accessed in Europe.

As reported by the Wall Street Journal, one of Googles spokesmen said in a statement: “We haven’t yet seen the Article 29 Working Party’s guidelines, but we will study them carefully when they’re published.”

Google Inc. was down 0.13% to close at $540.37 per share yesterday, marking a one-year increase of 3.40%. The company is valued at $369.81 billion. According to CNN Money, the 42 analysts offering 12-month price forecasts for Google Inc. have a median target of $640.00, with a high estimate of $750.00 and a low estimate of $530.00. The median estimate represents a +18.44% increase from the last price of $540.37.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Forex Market: EUR/USD daily trading outlookForex Market: EUR/USD daily trading outlook Yesterday’s trade saw EUR/USD within the range of 1.0902-1.1146. The pair closed at 1.1093, surging 1.59% on a daily basis. It has been the 12th gain in the past 23 trading days, a third consecutive one and also the sharpest one since December […]
  • Boeing shares fall for a third straight session on Wednesday, company explores ducted fan propulsion tech for light aircraftBoeing shares fall for a third straight session on Wednesday, company explores ducted fan propulsion tech for light aircraft According to an announcement by Boeing Co (BA) on Wednesday, it has agreed with Israel's Tactical Robotics to explore opportunities to develop a ducted fan propulsion technology, which could be potentially used for piloted and autonomous […]
  • Forex Market: EUR/GBP daily trading forecastForex Market: EUR/GBP daily trading forecast Yesterday’s trade saw EUR/GBP within the range of 0.7783-0.7832. The pair closed at 0.7799, losing 0.20% on a daily basis.At 7:15 GMT today EUR/GBP was up 0.13% for the day to trade at 0.7810. The pair touched a daily high at 0.7812 at […]
  • Retail sales in United Kingdom with a dip during MayRetail sales in United Kingdom with a dip during May The Confederation of British Industry (CBI) reported that British Retail Sales declined during May to a lowest level for the past year. Consumer budgets remained under pressure due to rising prices and slowed down income rising rate. Retail […]
  • Forex Market: EUR/USD daily trading forecastForex Market: EUR/USD daily trading forecast Yesterday’s trade saw EUR/USD within the range of 1.1332-1.1380. The pair closed at 1.1339, ticking down 0.05% on a daily basis. It has been the fifth loss in the past eight trading days. In weekly terms, EUR/USD lost 0.11% last week, […]
  • GBP/AUD falls as slowing UK wage growth eases BoE pressureGBP/AUD falls as slowing UK wage growth eases BoE pressure The GBP/AUD currency pair edged lower on Tuesday, after data showed UK wage growth had decelerated in the three months to August, while taking some pressure off the Bank of England to further tighten monetary policy in November.Average […]