Step 2: Mega Corp shares all its user account info with small company A.
Step 3: Mega Corp sells small company A to ethically questionable company B (yes, I find the entire business model of Scribd very questionable), along with user info of all its users. Now the vast majority of those users who never gave a shit about A nor B are on B’s spam list.
Yes, the casual sales of user info may not mean jack shit to Mega Corp, but it does mean something to B, and users who are completely unrelated to A nor B have a right to be incensed.
(Btw, I haven’t received this as a LinkedIn user, so can’t attest to the accuracy of TFA. Maybe they don’t even have the courtesy to notify non-EU users?)