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My IMHO IANAL but having implemented GDPR several times: Most companies will create European subsidiaries (Facebook, Google Cloud, Amazon AWS, ...) to take the
by KingOfCoders 5y ago
My IMHO IANAL but having implemented GDPR several times:
Most companies will create European subsidiaries (Facebook, Google Cloud, Amazon AWS, ...) to take the money but fullfilling their obligations. They will not let the money go to someone else.
If you take a look at how Apple bended itself over in China, there is a lot of imagination on what companies are willing to do for the money.
- bzzzt 5y agoIt's not about taking the money. It's about taking your privacy and selling it. When more ways of processing and selling personal data become illegal there's no point for Facebook to continue doing business in the EU unless they want to pivot to a subscription service.