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by benja123 1608 days ago
I maybe in the minority here, but I believe that this is not good for the average European and definitely not good for the European tech scene. Europe is already a more complicated place to launch a new company as you have to support multiple languages, countries etc. just to get to the potential market size you have in the US. Strict regulations are that are complicated to implement means that more new companies will choose to launch and build themselves up in the US first. By the time they come to Europe they will already be big and established and can afford to implement the complicated infrastructure that is necessary to support cross continent data storage (or ignore the regulation and pay the fines) while eating up all the small startups that were trying to capture the EU market while dealing with masses amounts of regulation and red tape.

Now to be very clear! I am not against most of GDPR. But some of the interpretations of it have gone too far and it will hurt Europeans in the long run.

This is actually one of the best things that can happen to companies like google and Microsoft as they can afford to develop the infrastructure to support easy geo based cross continent data storage - and they can then sell it as part of their cloud offerings.

1 comments

Geo-based cross continent data storage isn't enough. The fact that the parent company is a US entity still makes it illegal, no matter where the data is stored.
True, forgot about that. Makes it harder and more expensive for a small business to support Europe unless they are based in the EU from day one.