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Comment by Vektorweg | Hacker News Reader

Only increased potential cost. It is absolutely unlikely that the EU will fine huge sums for small transgressions, or even fine at all.

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Don't you think it is any bit concerning that they get to pick and choose who gets affected by a GDPR lawsuit?

It is insane. I see the same argument in every thread about GDPR and I just can't wrap my mind around it. I can't imagine how well represented or identified by nation-state politics these people must be that they are willing to concede such degrees of discretionality to a government.

There's a huge cultural difference where people generally assume regulators are going to be fair and even-handed.

FWIW it mostly works out.

Why even have laws then, just let the regulators decide who gets punished for everything.

No. EU regulation uses court as a matter of last resort. This is a good thing. It lowers barriers to entry because the regulators are not the enemy that you need to lawyer up tot talk to.

The more EU critic your website/you/your consumers are the more risk for this potential cost.

They will use this in any way they can. Just because a few say this is not the intent of the law, I have yet to hear a court ruling that minds the intent of the law and not what the law says. (On a EU level that is)

You should speak with people working in banks and handling US persons. Regulation has a cost.

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