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0 pointsFreeHugs4y ago0 comments

Regulating local companies is making things only worse. That is the reason why all of Europe depends on foreign tools in the first place.

It is a similar death spiral to how we deal with the housing problem. People have a hard time finding affordable apartments in the city centers? Create more laws that limit rents! Does this create more apartments? No. It just send the local housing market further down the drain.

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AitchEmArsey4y ago

By your own argument, foreign companies can navigate the rules for selling into Europe just fine - so what is stopping a European company from doing the same?

If there is any remaining problem it is that the rules are not enforced strictly enough on tech giants.

FreeHugsOP4y ago

Lets talk about startups first:

An indie dev in New York does not care about the GDPR. The just build cool shit and put it online. Look at all the Show HNs here.

In the EU, the situation is very different. Indie devs are super afraid and work hard to make their stuff less useful to please the GDPR.

Now about larger players:

EU companies agonize their worldwide users with cookie banners. Because that is what the GDPR tells them to do.

Non EU companies dont do that. Because why should they? Will a lone Italian traveller in the USA sue them for using Google fonts? Probably not. And if they do - they can handle it. So they only agonize their EU users with cookie banners.

ClumsyPilot4y ago

Unlike in UE, EU companies are not allowed to sell their customers data to random third parrty spammer, scammers, adtech companies and bounty hunters.

That is it - as a startup, GDPR is not a massive prohlem. You know what is a real problem? The fact that you can raise 10x more investment in the US with the same slide deck.

igorkraw4y ago

Small correction: the indie devs just building cools shit are fine under GDPR. The indie dev who wants to monetize his community while not caring about the externalities of possibly leaking their information has a headache.

If your business model depends on creating undesirable externalities for your "users" then you don't have my sympathy. The only shame is that we still need to enforce GDPR properly on large players, but that's a political and social thing, not per se a problem with the law itself.

And the oh so horrible cookie banners: the solution would be to not track people. If you aren't fully acting in the users interest, the cookie banner is easy to implement, or maybe not even required. So whenever you are annoyed by a cookie banner, it should be directed at the company, not the law.

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hnbad4y ago

And yet US companies keep biting the bullet and abiding by regulations (or bleeding money to pay the massive fines for violating them) to keep doing business in the EU. So what if those companies can get away with abusing their non-EU users and use those to generate most of their profits. Are you more concerned about providing services and improving quality of life in the EU or with a handful of rich kids in the EU being able to rake in the same kind of cash as their American counterparts?

It's funny you think deregulating housing would solve the housing crisis. If you think rent limits are a disincentive to build more affordable housing, how about we just subsidize loans for non-commercial home ownership instead of expecting investors who want a ROI to either make their luxury apartments more affordable for no good reason or adhere to health and safety standards in their barely profitable social housing projects? After all, if tenants can cough up the money to regularly pay ever-increasing rents they can surely pay back loans with similar rates.

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