<story><title>GDPR After One Year</title><url>https://truthonthemarket.com/2019/05/24/gdpr-after-one-year-costs-and-unintended-consequences/</url></story><parent_chain><item><author>maximus1983</author><text>The problem is any regulation is that it increases the startup costs for smaller businesses.&lt;p&gt;So as more regulation comes in it will just end up cementing the large players in place as they can absorb the costs of any regulation, while smaller businesses will have higher startup costs (which lets face it were next to nothing).&lt;p&gt;So while you maybe rejoicing now that shitty companies have gone for now, regulation will just make it harder for these massive companies to be toppled as it makes it harder for smaller companies to comply.&lt;p&gt;The EU are trying to have article 13 pushed through and any site that has user generated content will have to have some sort of upload filter to check for copyrighted content. That is going to cost money to implement and since Youtube hasn&amp;#x27;t really be able to achieve it, the only people that will be supplying the software will be the likes of Google, Microsoft etc ... So again it will just make it harder to the small business and help the large businesses.&lt;p&gt;Also a lot of these regulations make are making the web a shittier place. Every time I go onto a site now, I have the stupid cookie and GDPR notice plaster in front of what I want to look at. I already protect myself and don&amp;#x27;t care about their attempt to track me. It is just an irritation that nobody pays attention to and it achieves the opposite of what it was intended to achieve.</text></item><item><author>franciscop</author><text>Color me surprised, scammy business are losing millions and exiting the EU. I&amp;#x27;m totally happy about the outcome.&lt;p&gt;Though there is still a lot of abuse and dark patterns going on, I believe most of them should make it as easy to &amp;quot;opt all in&amp;quot; as &amp;quot;opt all out&amp;quot; for the cookies for instance.</text></item></parent_chain><comment><author>lm28469</author><text>We need regulations because people will go as far as they can to make more money.
Businesses were upset when their country banned child labor while their concurrents&amp;#x27; country didn&amp;#x27;t, same when weekends, vacations, reasonable work weeks were introduced. What about safety requirements, food quality inspections, &amp;amp;c.&lt;p&gt;Self regulating markets are a myth, just look at the US insurance and health industries if you want a proof.&lt;p&gt;That&amp;#x27;s also why in healthy countries you get a lot of free passes when you start a business: lower tax rate for a few years, 0% loans, advisors paid by the state, &amp;amp;c.&lt;p&gt;&amp;gt; regulation will just make it harder for these massive companies to be toppled as it makes it harder for smaller companies to comply.&lt;p&gt;Why did no one topple apple, amazon or google in the last 25 years? If anything the lack of regulations when they started allowed them to become the de facto monopolies we all know today.</text></comment>
<story><title>GDPR After One Year</title><url>https://truthonthemarket.com/2019/05/24/gdpr-after-one-year-costs-and-unintended-consequences/</url></story><parent_chain><item><author>maximus1983</author><text>The problem is any regulation is that it increases the startup costs for smaller businesses.&lt;p&gt;So as more regulation comes in it will just end up cementing the large players in place as they can absorb the costs of any regulation, while smaller businesses will have higher startup costs (which lets face it were next to nothing).&lt;p&gt;So while you maybe rejoicing now that shitty companies have gone for now, regulation will just make it harder for these massive companies to be toppled as it makes it harder for smaller companies to comply.&lt;p&gt;The EU are trying to have article 13 pushed through and any site that has user generated content will have to have some sort of upload filter to check for copyrighted content. That is going to cost money to implement and since Youtube hasn&amp;#x27;t really be able to achieve it, the only people that will be supplying the software will be the likes of Google, Microsoft etc ... So again it will just make it harder to the small business and help the large businesses.&lt;p&gt;Also a lot of these regulations make are making the web a shittier place. Every time I go onto a site now, I have the stupid cookie and GDPR notice plaster in front of what I want to look at. I already protect myself and don&amp;#x27;t care about their attempt to track me. It is just an irritation that nobody pays attention to and it achieves the opposite of what it was intended to achieve.</text></item><item><author>franciscop</author><text>Color me surprised, scammy business are losing millions and exiting the EU. I&amp;#x27;m totally happy about the outcome.&lt;p&gt;Though there is still a lot of abuse and dark patterns going on, I believe most of them should make it as easy to &amp;quot;opt all in&amp;quot; as &amp;quot;opt all out&amp;quot; for the cookies for instance.</text></item></parent_chain><comment><author>mattmanser</author><text>I&amp;#x27;ve started 2 startups in the UK since GDPR (well, 1 that happens to sell 2 different products), not really affected me one little bit.&lt;p&gt;But then again, they&amp;#x27;re not scummy companies.&lt;p&gt;Soooooo, bullshit.&lt;p&gt;I had to put in like a few hours thought into what data I was collecting and how long it was appropriate to keep it.&lt;p&gt;I happen to know quite a lot about GDPR because I dealt with it at a client I was previously working with, if you want to make it extremely complicated, you can. But you don&amp;#x27;t have to.&lt;p&gt;In one we actually track user&amp;#x27;s behaviour to make better recommendations, but we&amp;#x27;re open about it and they can disable it if they want. We also delete that data if they delete their account.&lt;p&gt;It&amp;#x27;s just a different mindset, it&amp;#x27;s their data, not yours. You&amp;#x27;re open about what you&amp;#x27;re doing and if they want you to delete it, you delete it.</text></comment>