Market Chatter: Google, Apple Criticize Canada Bill C-22 Over Data Access, Encryption Concerns

MT Newswires Live05-27

Alphabet's (GOOG, GOOGL) Google criticized Canada's Bill C-22 for enabling secret orders mandating providers to facilitate data interception and retrieval, while Apple (AAPL) echoed concerns, saying the law could allow the government to force companies to break encryption, something Apple said it would not do, Bloomberg reported Tuesday.

Bill C-22 has passed two of three readings in Canada's House of Commons before moving to the Senate for final review. It is currently undergoing stakeholder feedback and scrutiny by a parliamentary committee, the report added.

Alphabet and Apple did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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