Will Europe scare off Silicon Valley? Asta Gudrun Helgadottir asks how long Google and Facebook will tolerate EU regulation
Posted in: Government & Policy at 30/07/2019 20:13
Regulation of the internet has been a tendentious issue for some time. In recent years, the European Union has taken the lead in creating consumer-oriented rules to control digital businesses through a framework based on European values.
An example of this is the General Data Protection Regulation (GDPR) which came into force in 2018. This empowers consumers and restricts what companies can do with their personal data – a valuable product that online services extract from users for free.