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Compliance costs money, what's supposed to be new or particularly bad about that? Many in this thread seem to argue that launching an internet based business o
by tastroder 7y ago
Compliance costs money, what's supposed to be new or particularly bad about that?
Many in this thread seem to argue that launching an internet based business or entering a market as large as the EU was previously free and I honestly don't see where this illusion is coming from. Yes, GDPR compliance costs money, just like a whole bunch of other things.
> To some extent, these costs could also hurt competition (assuming the competitor had the same data-vacuuming business model).
Same question, if that data-vacuuming assumption is true, why should the general public care about preserving that? GDPR regulation and implementations are by no means perfect but it's not like transparency, forcing companies to think about their impact on their users privacy and other aspects don't present benefits as well. I realize that the question of regulation is a matter of philosophy just as much as it is political but painting GDPR as some kind of killer of good businesses seems, at least, very weird.