meaning you can be doing business with EU residents as a US only company.
I'm not quite sure how they intend to enforce the GDPR on foriegn companies, but they are making that claim.
meaning you can be doing business with EU residents as a US only company.
I'm not quite sure how they intend to enforce the GDPR on foriegn companies, but they are making that claim.
This doesn't sound crazy to me.
If I'm in europe and I sell to an american, I have to adhere to certain US laws just the same. I have to fill in a W8-BEN form or whatnot.
I can elect not to, but next time I'm in the US, things might get awkward at customs. Also, my customers might be fined or more or less 'ordered' not to do business with me. That's within the US's right.
That's just how it works. Everywhere. For all countries.
GDPR (EU Law) requires companies to delete private data upon request.
SOX (US Law) requires companies do not delete private data, in case the government wants to investigate those companies later on.
SOX has existed since 2002. Did the EU lawmakers even consider this when crafting GDPR? I'm betting not, considering the damage they've done to the WHOIS system as well.
This kind of fallout is the result of poor planning and pushing incomplete legislation for political purposes and I think all of us realize that, so let's not pretend otherwise.
That is literally a disaster. I wonder if this kind of thing is why the EU is crumbling.