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Re:GDPR: Programmatic ad buying plummets in Europe by azernik on Saturday May 26, 2018 @05:47AM (#17161157)
This is false. See Article 3 (Territorial Scope):

"""

1. This Regulation applies to the processing of personal data in the context of the activities of an establishment of a controller or a processor in the Union, regardless of whether the processing takes place in the Union or not. [i.e. EU companies, or EU subsidiaries of foreign companies, have to obey GDPR with all data they deal with]

2. This Regulation applies to the processing of personal data of data subjects who are in the Union by a controller or processor not established in the Union, where the processing activities are related to: [foreign companies dealing with the data of people physically inside the territory of the EU have to follow the GDPR if...]

(a) the offering of goods or services, irrespective of whether a payment of the data subject is required, to such data subjects in the Union [they're offering services to those people]; or

(b) the monitoring of their behaviour as far as their behaviour takes place within the Union. [they're tracking what those people do in the EU - but tracking what they do abroad doesn't trigger GDPR!]

3. This Regulation applies to the processing of personal data by a controller not established in the Union, but in a place where Member State law applies by virtue of public international law. [it applies to businesses in places with weird legal status, like some overseas possessions, or maybe the Channel Islands]

"""

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