Earlier quoted context omitted.
This law will affect everyone but it seems like it will devastate companies that have no monetization strategy other than collecting user data and either selling it or mining it for targeted ad placements. 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.
It could also devastate small companies at an early stage which need to dedicate resources to get into compliance rather than building their product. It might hurt the bad players but it really depends on how readable the text will be to the average user. If it's going to be a checkbox it will likely not do much.
How the GDPR Will Disrupt Google and Facebook
261–270 of 362 posts
Re: How the GDPR Will Disrupt Google and Facebook
#262I'm going to read thoroughly through the terms and conditions and get a case going in European Courts when this comes into play, because you know for a FACT Google and Facebook will put in some vague term to let them collect data for "future" improvement of the service. Watch and see.
Re: How the GDPR Will Disrupt Google and Facebook
#263Re: How the GDPR Will Disrupt Google and Facebook
#264Google and Facebook will find a way. Problem are small/young startups
Re: How the GDPR Will Disrupt Google and Facebook
#265Re: How the GDPR Will Disrupt Google and Facebook
#266Earlier quoted context omitted.
The EU has a nuclear option for google. Ireland and the netherlands are both in the EU. If google loses its incorporation in those companies, it might have to pay US taxes on repatriated US holdings. Ireland and the Netherlands subcompanies are essential part of US Corporate tax evasion. (Double Irish with a Dutch sandwich).
The EU doesn't have the power to do that. The EU is more like a bunch of international treaties between sovereign states than an apex of power hierarchy.
Re: How the GDPR Will Disrupt Google and Facebook
#267And if you think GDPR is a toothless joke, let's take a look at the defined fine stucture. It is pretty simple, only 3 levels (strikes for the fellow Americans): Strike 1 - Stern warning letter Strike 2 - 2% of your TOTAL GLOBAL REVENUE Strike 3 - 4% of your TOTAL GLOBAL REVENUE (or 20mil EUR, whichever is higher) And now you know why GDPR is a board level topic. Keep in mind that the EU/US Safe Harbor agreement got…
Throwaway account. I have national sales responsibilities for one of the majors. Think IBM/Microsoft/Oracle/etc leading a sales team of 74 reps. You'd be surprised at how LITTLE sales we've generated from GDPR. We've been providing free GDPR assessments for the past 1.5 years for over 200 accounts as lead gen opportunity and very little sales have resulted. It all boils down to companies simply don't believe the fine…
What kind of companies do you sell to? Maybe they are actually trying to handle it internally too? What do they say?
Re: How the GDPR Will Disrupt Google and Facebook
#268Earlier quoted context omitted.
The EU just fined Google €2.42 billion in an antitrust settlement for manipulating search results. Go get the salt.
Yes, the EU regularly kicks the asses of companies to help consumers in Europe. I'm sure we won't get the same protection on pesticides, pharmaceuticals/medicine, GM, white goods, monopolistic practices like this, roaming charges, etc. etc. once the UK leaves the EU.
Re: How the GDPR Will Disrupt Google and Facebook
#269Earlier quoted context omitted.
The EU just fined Google €2.42 billion in an antitrust settlement for manipulating search results. Go get the salt.
Yes, the EU regularly kicks the asses of companies to help consumers in Europe. I'm sure we won't get the same protection on pesticides, pharmaceuticals/medicine, GM, white goods, monopolistic practices like this, roaming charges, etc. etc. once the UK leaves the EU.
Re: How the GDPR Will Disrupt Google and Facebook
#270Earlier quoted context omitted.
Im guessing they would force the company to make tracking not on by default but rather opt-in (lol)? But what's confusing is - if you clearly state how the data will be used upfront, do you need to offer an opt-out? What if your service simply doesn't work unless the data is used in a particular way?
Under the GDPR one way to use data for purposes unrelated to the underlying service provision is to look to obtain consent. That is not opt-out consent but clear informed consent through opt-in. If your service won't work functionally without certain data then consent is not right ground of processing to rely on. There is a specific ground relating to processing necessary to provide a service. If your service isn't f…
Some uses of data might be ancillary to the direct goal of the user but still unexpectedly useful.
Interesting from the article: "purpose that is vague or general, such as for instance ‘Improving users’ experience’, ‘marketing purposes’, or ‘future research’ will – without further detail – usually not meet the criteria of being ‘specific’”.[3]"