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Most laws aren't so far reaching and the vast majority in terms of regulatory scope have been flushed out. These same issues do happen with any new broad far re
by jimktrains2 9y ago
Most laws aren't so far reaching and the vast majority in terms of regulatory scope have been flushed out. These same issues do happen with any new broad far reaching regulations. This is one of the first that is both a significant increase in regulatory burden and that deals with, ostensibly, the global tech market.
Also, the fines here can be real money, which also isn't often the case. That plus the lack of clarity are why people are concerned about it.
Basically they're worried that you can do everything right and still be wrong because everything isn't well defined and is very difficult to define.