This reminds me of a conversation I had with an owner of a bbq restaurant who said he was struggling to meet new laws required stainless steel tables for food preparation, which was going to cost him $25,000 to install. This legislation, according to him, was heavily pushed by McDonalds corporation with the intention of driving out small business competition.Whether this is accurate or not, I think it's clear the deluge of privacy legislation will have the opposite of the intended effect in terms of empowering the facebooks, googles, etc who can afford an army of lawyers, privacy engineers, privacy ops people, etc.
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