Earlier quoted context omitted.
> it comes at a huge cost to tech companies Doesn't it just affect companies which rely heavily on lack of privacy for monetisation? I think that's sort of the point - that your business should not rely on tracking individuals and selling that information without their consent to gov/private bodies. It's obviously a huge change, since so many big tech players rely on this to make profits. But the internet will be a m…
"the application of the GDPR will prevent them from using these personal data for any further purpose unless the user permits." This seems incredibly broad from the article and would touch nearly every startup. Maybe there are limits on the businesses affected? Otherwise I'm not sure how one could formally define "rely heavily on lack of privacy for monetisation."
https://unroll.me/ is a good example. They provide a free service to users but make money by leveraging their total access to your inbox to sell ad analyics and competitive intelligence.