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Only increased potential cost. It is absolutely unlikely that the EU will fine huge sums for small transgressions, or even fine at all.
by Vektorweg 8y ago
Only increased potential cost. It is absolutely unlikely that the EU will fine huge sums for small transgressions, or even fine at all.
- Freestyler_3 8y agoThe more EU critic your website/you/your consumers are the more risk for this potential cost. They will use this in any way they can. Just because a few say this is not the intent of the law, I have yet to hear a court ruling that minds the intent of the law and not what the law says. (On a EU level that is)
- sieabah 8y agoDon't you think it is any bit concerning that they get to pick and choose who gets affected by a GDPR lawsuit?
- overkalix 8y agoIt is insane. I see the same argument in every thread about GDPR and I just can't wrap my mind around it. I can't imagine how well represented or identified by nation-state politics these people must be that they are willing to concede such degrees of discretionality to a government.
- CiaranMcNulty 8y agoThere's a huge cultural difference where people generally assume regulators are going to be fair and even-handed. FWIW it mostly works out.
- camjohnson26 8y agoWhy even have laws then, just let the regulators decide who gets punished for everything.
- DanBC 8y agoNo. EU regulation uses court as a matter of last resort. This is a good thing. It lowers barriers to entry because the regulators are not the enemy that you need to lawyer up tot talk to.
- IdontRememberIt 8y agoYou should speak with people working in banks and handling US persons. Regulation has a cost.