EU targets Big Tech with ‘hit list’ facing tougher rules Brussels broadens search for extra powers to curb power of digital platforms
-- Javier Espinoza in Brussels October 11, 2020
EU regulators are drawing up a “hit list” of up to 20 large internet companies, likely to include Silicon Valley giants such as Facebook and Apple, that will be subject to new and far more stringent rules aimed at curbing their market power.
Under the plans, large platforms that find themselves on the list wi
GDPR means start-ups can't change their business models quickly, as they have to go through a thorough and expensive legal review every time they do that. It pretty much kills innovation in Europe. You'd have to test business models out somewhere else, then, once well tested and established, you'd bring it back, which is something that is much easier to do for non-European companies.
I believe they are trying to compensate for that, that they will fail, and still not admit they do not understand any of that.
How onerous it is depends on who you talk to; the people pushing you to comply ("it's simple!") or the people who make a living helping you to comply ("you can't do it without our help!").
I'm involved with a company that helps with small package shipping. Much of the information we need to create labels that comply with shipping regulations falls under GDPR restrictions (primarily address and telephone information), which we should dispose of.
Except OTHER regulations require that we retain that same informa
Imposing additional rules for "Big Tech" would just make it harder for smaller companies to become "Big Tech", thus cementing their positions and limiting potential compeition.
By the time a small company might find success and become big, they will suddenly have to figure out how to comply with the big tech rules, and Big Tech will have an incentive to make compliance as complicated as possible for the little guy.
EU targets Big Tech with ‘hit list’ facing tougher rules
Brussels broadens search for extra powers to curb power of digital platforms
-- Javier Espinoza in Brussels October 11, 2020
EU regulators are drawing up a “hit list” of up to 20 large internet companies, likely to include Silicon Valley giants such as Facebook and Apple, that will be subject to new and far more stringent rules aimed at curbing their market power.
Under the plans, large platforms that find themselves on the list wi
GDPR means start-ups can't change their business models quickly, as they have to go through a thorough and expensive legal review every time they do that. It pretty much kills innovation in Europe. You'd have to test business models out somewhere else, then, once well tested and established, you'd bring it back, which is something that is much easier to do for non-European companies.
I believe they are trying to compensate for that, that they will fail, and still not admit they do not understand any of that.
How onerous it is depends on who you talk to; the people pushing you to comply ("it's simple!") or the people who make a living helping you to comply ("you can't do it without our help!").
I'm involved with a company that helps with small package shipping. Much of the information we need to create labels that comply with shipping regulations falls under GDPR restrictions (primarily address and telephone information), which we should dispose of.
Except OTHER regulations require that we retain that same informa
Imposing additional rules for "Big Tech" would just make it harder for smaller companies to become "Big Tech", thus cementing their positions and limiting potential compeition.
By the time a small company might find success and become big, they will suddenly have to figure out how to comply with the big tech rules, and Big Tech will have an incentive to make compliance as complicated as possible for the little guy.
Holy shit!!!
Does Slashdot FINALLY support UTF-8?!?!
“©”
When the hell did this happen?!