Re:Why Is America So Far Behind Europe on Digital Privacy?
by Gpetrium on Sunday June 09, 2019 @05:09PM
(#20141916)
Some may argue that to remain competitive in today's environment, some tech companies require a diminished amount of customer privacy, otherwise their foreign rivals will be able to do more and be more successful in the long run.
For the EU, if there is a belief that their tech companies can't out-compete against foreign rivals (Think search engine, social media, cyber sec, etc) and that their data could be used against them in the near future, it may seem intuitive to put privacy checkers to get foreign entities in line with your interests.
The US has incredibly strong advantages in fields like the semi-conductor industry, but in transportation, pharmaceuticals and aerospace Europe is quite strong. And when you look at hidden champions and the integration of technology into small and medium sized firms, the US heartland has a big problem.