Earlier quoted context omitted.
Makes me think that data should be treated differently in the case of a potential new owner, allowing users to opt-out from their data from being transferred; you may trust the leadership and governance, and may not trust whomever takes over or who will newly has access to the data.
Change of control is a huge problem when it comes to privacy sensitive data. That's also a big factor in why I have a problem with governments collecting data. You may trust the present day administration (or not...), but who knows what a future administration (or occupying force) is going to be up to (beside the obvious risk of a leak or a breach). The same goes for situations like bankruptcies and 'bad leavers', th…
The standard example is how the Netherlands were rather religiously tolerant, but used to keep track of Jews for tax collection purposes before WW2. Then when the Nazis arrived, they had all the records they needed to achieve their goals.
Who knows what will happen in the future, and how currently harmless data could be used by new actors then.