Europe is about to implement its strictest regulations ever. The new regulation is called the ePrivacy Regulation. It is intended to specifically protect the electronic communications confidentiality.
It is proclaimed that the new European data privacy legislation is so strict that it can ruin data-driven online services. Also, the tech industry groups warned that the new legislation may be the reason for chilling the future innovations such as driverless cars.
The American Chamber of Commerce proclaimed that the legislation is excessively strict. The Developers Alliance including Facebook, Google, Intel, and many other app makers proclaimed that the new legislation might cost businesses in Europe more than 550 Billion Euros, or about $640 Billion, in annual lost revenue.
DigitalEurope, a tech trade group, asserted that the legislation’s prohibitive approach is seriously undermining Europe’s digital economy development.
The law was approved by the European Parliament last fall. It is under review by the Council of the European Union. A group of government officials from the 28 member countries represents this Council.
Jan Philipp Albrecht, a member of the European Parliament from Germany, proclaimed that most of the lobbying is irrational and very low about the facts. He has guided the GDPR legislation through Parliament.
Industry and customer supporters are essentially combating a controversial issue central to the post-Cambridge Analytica online economy. This issue speaks about whether data-driven digital services signify more of a boon to consumers or the kind of surveillance threatening the democracy.
Earlier, Drive.ai (a self-driving startup company from California) announced that it is running fully driverless cars on public roads in Frisco. The tests are performed in accordance with the company’s planned self-directed ride-hailing service launch. The scheduled launch of these driverless cars is later this summer. It’s a major milestone for the firm claiming it to be the second company that has experimented to take driverless vehicles on public roads in the U.S.