"The Developers Alliance, a trade group representing Facebook, Google, Intel and dozens of app makers, said it could cost businesses in Europe more than 550 bil

"The Developers Alliance, a trade group representing Facebook, Google, Intel and dozens of app makers, said it could cost businesses in Europe more than 550 billion euros, or about $640 billion, in annual lost revenue." Sorry, ill-gotten gains are not lost revenues. Just because you've profited in the dark does not mean you're entitled to it & more. Let the people make informed decisions and see what they opt-in for. If that makes all the internet a "backwater", so be it. Someone will fill the void of creating sustainable businesses sans data rape. I personally value my privacy more than The Developers Alliance does.