Regulation could protect Facebook, not punish it

Re:Regulation could protect Facebook, not punish it by mattnewton on Sunday March 25, 2018 @08:40PM (#16675635)

Size threshold is presumably to allow small startups to grow and explore models without crushing compliance costs. That’s the kind of regulation that protects incumbents who can afford the lawyers and software tools to do compliance properly.

There tends to be an inverse relationship between regulation in a space and incumbents springing up, for better or for worse

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Re:Regulation could protect Facebook, not punish it by amluto on Monday March 26, 2018 @10:15AM (#16679030)

There's a fine line between "grow and explore models without crushing compliance costs" and "break all the rules so you can outcompete established players". Hi, Uber!

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Re:Regulation could protect Facebook, not punish it by daveFNbuck on Monday March 26, 2018 @11:46AM (#16679723)

Correctly handling user data is much cheaper if you bake it in from the start. The real costs are in figuring out how to follow GDPR when you already have private user data saved all over the place and suddenly need to be able to do things like permanently remove all identifiable information for a single user.

It isn't a huge loss if we no longer explore models that require violating privacy protections to get off the ground.

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