> 1) the selling of private, incidentally collected information by service providers, and 2) the accumulation, buying, and selling of dossiers on normal people whom one has no business relationship that is the problem.

But this is exactly what is covered - incidentally collected information cannot be used for other purposes. That's rather the point - you must collect things for a specific use case and you can't use it without permission for other cases.

> I don't think it does, because it is completely unverifiable.

It's no less verifiable than "don't collect the data", and hiding it requires increasingly larger conspiracies the larger organisation you are looking at. People are capable of committing crimes though, sure.