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"Perversely, this new EU law hurts small and ethical startups, but helps reinforce the dominance of Facebook, Google and Twitter, who are able to prepare and de
by DevKoala 8y ago
"Perversely, this new EU law hurts small and ethical startups, but helps reinforce the dominance of Facebook, Google and Twitter, who are able to prepare and defend themselves using established legal teams and cash reserves, and who now face less competition from startups."
This bit is true. If the startup I work for had not turned profitable in the years leading up to GDPR, we would not be able to compete in this space anymore.
- threeseed 8y agoThese comments are just ridiculous. If your business is on such shaky ground that straightforward changes required by GPDR are going to cause your business to collapse then you have bigger problems. Because one employee suing you or your rent increasing will also cause you to collapse.
- freeone3000 8y ago>because one employee suing you or your rent increasing will also cause you to collapse. Yes, these are well-known causes of company collapse, so well-known that we have entire industries mitigating the risk (multi-year leases at fixed rate, shell corporations renting (see: wework), and temporary contractor/agency staffing). We don't have that for GDPR yet.