cross-posted from: https://lemm.ee/post/60263799
Europe’s most famous technology law, the GDPR, is next on the hit list as the European Union pushes ahead with its regulatory killing spree to slash laws it reckons are weighing down its businesses.
The European Commission plans to present a proposal to cut back the General Data Protection Regulation, or GDPR for short, in the next couple of weeks. Slashing regulation is a key focus for Commission President Ursula von der Leyen, as part of an attempt to make businesses in Europe more competitive with rivals in the United States, China and elsewhere.
You don’t understand! Yes, we had to turn our citizens into resources for private companies to harvest and sell! But we needed to create shareholder value!
And we’ll create this value by entering into a “who can slash more rights” contest with the USA and China! After giving them a several year head start!!
We’re all* going to need to come together and really knuckle down, if we’re* to catch up with out competitors. It will take sacrifice* and grit.
But together* we* can do it!
*The people affected will be those with a net worth less than €5m