What the GDPR Means for Companies in Europe and Beyond

Re-Blogged From Stratfor

Highlights

  • Not all EU member states have enacted national laws on data protection, and many will have difficulty shouldering the costs of doing so.
  • The second half of 2018 will provide early indicators of how much the European Union can influence large technology companies to address the privacy concerns of EU citizens.
  • Uncertainty regarding the severity of national enforcement could influence the regional development of technology, especially in terms of small and medium-sized enterprises.

Though the GDPR standardizes data protection policies across the European Union, each individual member state is required to place its own language into national law, leaving the door open for countries to interpret and implement the regulations in different ways.

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