6 ms·
I have read here on HN a comment which said the following : US companies will still be at an advantage as they can still mine their other customers and use this
by the-dude 5y ago
I have read here on HN a comment which said the following : US companies will still be at an advantage as they can still mine their other customers and use this knowledge for their EU operations as well.
EU based companies will not be allowed to mine US customers the same way.
- IgorPartola 5y agoPerhaps a business that doesn’t mine it’s customers data can find an advantage in that restriction. Plenty of successful businesses are built around the idea that you don’t need to sell out.
- the-dude 5y agoPlenty? Or a handful?
- IgorPartola 5y agoEvery restaurant, every taxi, every plumber you have ever interacted with did not make their money by selling your personal information. They did it by providing value in exchange for a fee. Google and Facebook are the exception to the rule. Sure in the category of free and very popular social networks and search engines this may be the norm, but that category consists of less than a dozen companies.
- the-dude 5y ago> Every restaurant, every taxi, every plumber Sure, except they don't find an advantage in the restriction. They are not cloudy. A dark kitchen OTOH ...
- IgorPartola 5y agoProton Mail, GitLab, Pivotal Tracker, Dropbox, Square, ecobee, DuckDuckGo. All found ways to make money without selling your personal data.
- the-dude 5y agoWell, that is a better answer. Still doesn't invalidate my original comment though.
- toast0 5y agoProbably because they don't have a good way to monetize. Lots of auto repair shops sell your personal information (mileage, condition of vehicle) to a data collection company that sells it to insurance companies (checking if miles driven is within the policy limits) and carfax/similar services. Of course, mechanics also charge a fee.
- perlgeek 5y agoHow well does the insight from one region and culture to another?
- kazen44 5y agoif we are taking walmart in germany as an example, very, very little. see https://medium.com/the-global-millennial/why-walmart-failed-in-germany-f1c3ca7eea65 https://medium.com/the-global-millennial/why-walmart-failed-...