'Hide Collaborators' allows users to see who updated a file/folder if the updating user is an owner
On the 'Hide Collaborators' option, the text note says "If enabled, only the folder owner and co-owners will be able to view collaborators and their activity in the folder. This also removes the ability for non-owners to invite collaborators".
In reality, a user is able to see the name of a user who has last updated a file/folder but only if that user who last updated is the owner. I feel like the above definition isn't clear enough and makes it seem as though only owners/co-owners can see collaborators.
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Anonymous commented
It's great having the option to "Hide collaborators and their activity from non-owners" but we found that it would also be helpful to hide the folder Owner name as well.