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My understanding is that Facebook does not sell this data

Selling the actual data and selling access to use the data is a meaningless distinction.

Money changes hands. The data is used.

Perhaps we should say "renting" the data. Just the way a hotel rents you a room, but you use it on the hotel's premises.



Data does not change hands. Facebook is selling services that internally operate because of processing on that data. Even then they do not sell the processed data or access to read the processed data.




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