"Second class citizens" might not be the right term, but would "segregation" be an appropriate term?
This is free market with 550 mil potential users/citizens, void will be filled pretty quickly by other companies/developers that actually spent some time reading about what GDPR is.
For many reasons indeed, this is broad topic and GDPR doesn't change anything if we are talking about big US players and their domination. None of them is getting out of EU.
> And I am afraid GDPR has just added another one.
I disagree, it's the other way around. Small single person companies/developers that will get out from EU market will could only strengthen local market. Any other US/EU/outside EU startup/developer can fill that void.
> Europe doesn’t have a stellar record when it comes to high tech startups
Which automatically implies that you were talking about non-EU tech companies leaving EU because of GDPR and EU startups filling their space. And now you fail to see how this will make more likely succeed EU companies? What?
I think you fail to understand what the point of my argument was. It doesn't matter if this will be EU founder or US founder or XX founder, if there is a void it will be filled, doesn't matter who will fill it. This is an axiom describing the free market.
> onerous regulation
I am conducting online business in EU handling personal data and I don't find it onerous at all. Adding to that as EU citizen I am happy that this regulation was introduced in EU law system.
In a world where lots of small shitty businesses (and some bigger ones) don't care what happens to your personal data it's long overdue for this being finally regulated.
Being a first class citizen means being tracked like an animal with an implanted chip.
And let's face it, 99% of web sites and tools aren't really needed, more like a waste of time.
- US company A controls the market for idea B
- EU creates GDPR which scares away company A
In that case where there is a proven market demand for idea B you can either compete with company A (which presumably has more resources than you), or enter into a market that company A has willingly forfeited.
I think the second option will have plenty of takers if it turns out that US companies are that scared of GDPR.