5 ms·
I 100% agree with this approach. The problem with GDPR is the following: - big corporations which do collect the data will lawyer up and still collect data the
by tlogan 9y ago
I 100% agree with this approach. The problem with GDPR is the following:
- big corporations which do collect the data will lawyer up and still collect data they do
- small companies will do whatever they can do and they will bet that enforcement is going to be sparse
- the enforcement will be non-existent
So nothing will change. The GDPR will not improve privacy, not improve users knowledge who is collecting what, will give false sense of privacy for some users, etc.
- r00fus 9y agoI do think a few "heads on pikes" in the media will make enforcement a lot easier afterwards.
- tlogan 9y agoLike Volkswagen diesel emission scandal? Where is the enforcement after that? Car companies can still shop around Eu and get their emission standards certified in Malta or some other less fortunate EU country.
- ascorbic 9y agoI know in the UK at least, big first are taking this very seriously. The potential fines are huge. But it's true that enforcement will be spotty, as the ICO and its equivalents are under-resourced. But you can bet that they will be looking for some big targets pour encourager les autres.
- Joeri 9y agoDoesn't your argument apply basically to any law? The problem with tax law is the following: - big corporations will lawyer up and still dodge taxes - small companies will do whatever they can do and they will bet that enforcement is going to be sparse - the enforcement will be non-existent I don't know if you meant to do so, but you seem to be arguing governments are incapable of enforcing law against companies.
- chongli 9y agoThey're pretty incapable against large multinationals. The sort that hoard profits offshore for years and years, waiting for the tax holiday. CEOs can outlast multiple election cycles to get what they want.
- codeulike 9y agoEU fines Google record $2.7 billion in first antitrust case https://www.reuters.com/article/us-eu-google-antitrust/eu-fines-google-record-2-7-billion-in-first-antitrust-case-idUSKBN19I108 https://www.reuters.com/article/us-eu-google-antitrust/eu-fi... Microsoft fined by European Commission over web browser http://www.bbc.co.uk/news/technology-21684329 http://www.bbc.co.uk/news/technology-21684329 Apple ordered to pay €13bn after EU rules Ireland broke state aid laws https://www.theguardian.com/business/2016/aug/30/apple-pay-back-taxes-eu-ruling-ireland-state-aid https://www.theguardian.com/business/2016/aug/30/apple-pay-b... EU fines Facebook 110 million euros over WhatsApp deal https://www.reuters.com/article/us-eu-facebook-antitrust-idUSKCN18E0LA https://www.reuters.com/article/us-eu-facebook-antitrust-idU...
- chongli 9y ago$2.7 billion is just the cost of doing business to Google. They had $32 billion in revenue last quarter.
- nojvek 9y agoSure, it ate into the margin however and the share price dropped significantly when the news got out. Europe is probably having a more functioning government than the US.
- zaarn 9y ago2.7 b$ is not simply cost of doing business. 32 b$ revenue doesn't mean 32 b$ profit, once you deduct cost you are left with a lot less. Under GDPR the maximum fine grows to >4 b$ and that will hurt even more.
- Someone 9y agoLawyer up if the risk is 4% of global revenues, and the opposing party has the means to lawyer up, too? (The opposing party would not be some John Doe, but a national supervisory authority that decided to bring a case) And ”enforcement will be nonexistent”, from a EU that has a history of taking on big companies on, say, cartel cases (http://ec.europa.eu/competition/cartels/cases/cases.html http://ec.europa.eu/competition/cartels/cases/cases.html) or antitrust cases (http://ec.europa.eu/competition/antitrust/cases/ http://ec.europa.eu/competition/antitrust/cases/)? Would you take that bet, again at percents of your global revenue?