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Big companies obviously no. But a bootstrapped startup? Probably yes, at least initially. And here we are not talking about "basic decency" or taxes. The audit
by estebarb 4y ago
Big companies obviously no. But a bootstrapped startup? Probably yes, at least initially.
And here we are not talking about "basic decency" or taxes. The audit requirements by the new EU law are extremely expensive. They assume that every software developer is BigCo. I don't see that the EU is requesting every tabloid article to be fully audited to remove false claims or that each medical decision must be audited. The requirement is disproportional.
- 908B64B197 4y agoThis is by design. The regulatory burden is so disproportionate that only a few large companies can operate following all the regulations and arbitrary rules set by the Europeans unelected bureaucrats. In turn, large companies raise their prices, but it doesn't matter because they are the only game in town left since smaller companies simply can't compete. So the European consumer ends up paying for all the extra compliance through less competition while the bureaucrats pat themselves on the back and politicians keep getting "big victory" against the "evil foreing tech giants".