Earlier quoted context omitted.
This culture has driven innovation of the last 2 decades. You can't point me to one other industry which enjoyed as much success. Of course, Europe couldn't care less - they never had a real startup industry in the first place.
The other side of this is that the GDPR puts all those companies from jurisdictions with no privacy regulations to speak of in front of a choice to either stop doing business with a huge market or actually stop ignoring privacy concerns. The important consequence of this is that it puts EU startups on more equal footing than in the past. Most EU countries already had fairly solid privacy regulations, some more, some…
What gives EU the right to legislate in those jurisdictions? What non-privacy laws will EU enact in non-EU countries?
> If a US startup wants to be international
Well I have no intention of being international now, but I still have to play by EU's rules on the possibility that I might ever want to do business there.