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The EU privacy regulations seem to have a side effect of creating a de facto EU internet, where EU competitors can become dominant because they pay closer atten
by swlkr 5y ago
The EU privacy regulations seem to have a side effect of creating a de facto EU internet, where EU competitors can become dominant because they pay closer attention to changes in law vs north american or chinese counterparts.
It’s almost like a more subtle version of china or russia’s firewall
- chaostheory 5y agoImo that was the main goal.
- keewee7 5y agoThe goal is to create European state enterprises to replace Microsoft, Google, Facebook etc. These privacy regulations were championed by socialist MEPs.
- AlanYx 5y ago>The EU privacy regulations seem to have a side effect of creating a de facto EU internet, where EU competitors can become dominant because they pay closer attention to changes in law vs north american or chinese counterparts. Within EU government and diplomatic circles, there's actually a term for this: the "Brussels Effect". People who use the term "Brussels Effect" believe that by imposing aggressive rules first, the EU software industry will have a first-mover advantage and a kind of partial "firewall" against some foreign competitors. In my experience, the potential downsides of the "Brussels Effect" are rarely considered by these people (e.g., reduced competition within the EU, leading to increased costs for other businesses; overseas web service providers being forced to block EU customers, leading to reduced availability of services, etc.). Another area where you see the same "Brussels Effect" in EU policy/legislative circles are recent moves towards rather aggressvie regulation of "artificial intelligence". Not just the recent proposal that was tabled, but also the CAHAI work towards a binding international instrument.