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0 pointspwtweet7y ago0 comments

"piece of legislation intended to cripple US corporations and supplement EU budgets with US corporate profits".

The most ignorant fucking statement I have read on HN in a long time. The 2016 GDPR is an update to the 2002 EU Data Protection Regulation. It has nothing to do with taxes, profits or crippling any company. It is an enforcement of the EU Charter of Fundamental Rights.

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sqdbps7y ago

Budget supplements come from potential fines which are set at an exuberant rate.

"An update" as in adding new laws and regulations all of which are unneeded and all of which are targeting US companies.

echelon7y ago

Fines without teeth won't produce the desired effect. Privacy matters more than profit.

Jedd7y ago

>... all of which are targeting US companies.

Clearly not true, but exquisite in the context of the FB factory dodging tax via the Irish loopholes, and now moving away from Ireland as a base.

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