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In EU regulations, there is often a trend to not exclude small businesses from costly regulations. The GDPR is a recent example of this, with no carve outs for
by woolvalley 8y ago
In EU regulations, there is often a trend to not exclude small businesses from costly regulations. The GDPR is a recent example of this, with no carve outs for organizations under a certain size or revenue number.
In the US and other English speaking countries, there are often revenue, employee count and public vs private carve outs for various regulations.
By not excluding small business and startups from costly regulations, they often stunt potential new businesses from developing in the EU.