Apple, Google, Amazon Probed by Biden Consumer Finance Watchdog (1)

Oct. 20, 2021, 7:17 PM UTCUpdated: Oct. 20, 2021, 9:11 PM UTC

The Consumer Financial Protection Bureau is set to demand information about how Apple Inc., Facebook Inc., Google, Amazon Inc. and other technology firms harvest, use and market consumer financial data, according to two sources close to the matter.

The bureau is expected to announce the demands, which come in the form of 55 questions, as early as Thursday, said the industry sources, who spoke on condition of anonymity to discuss the matter.

Square Inc. and PayPal Holdings Inc. are also expected to receive the information demands, the sources said.

The CFPB declined to comment.

The information demand comes a little ...

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