Verizon Exits Fight Against Proposed Calif. Privacy Law

By Christopher Crosby (May 9, 2018, 3:37 PM EDT) -- Verizon has become the second major company to bow out of a fight challenging a California ballot proposal that would let consumers know what types of information companies are collecting, sharing and selling on them, saying it will turn its attention from state-level fights to nationwide policy efforts.

The telecommunications giant last week said it was pulling out of a coalition of major companies opposing the Consumer Right to Privacy Act of 2018, a ballot initiative that if voted into law in November would let California consumers sue businesses for data breaches even if there was no proof the breaches caused...

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