jazzc
Elite Member
- Jan 27, 2009
- 2,964
- 14,717
The only way for a company to skirt these laws and get away with it is if they are incorporated outside the EU, keep their data outside the EU and don't intend on dealing with companies within the EU. Any company within the EU will have to ensure that any partner company that handles any amount of customer information will abide by the GDPR rules (with regards to information, where it is stored and how it is handled). So in essence there are ways that companies will be able to ignore this if they are outside the EU but in a lot of cases it will result in a drastic reduction in that company's potential for earning money and that will likely drive the rest of the world to simply accept this
No. Seriously. You have to pause for a moment and remember the concept of borders. Laws of a country are only valid within the borders of said country.
The reason FB, Google etc will/do cooperate is that they operate by using subsidiary legal entities that are founded in the EU. In other words, the commission cannot fine Google US, but can certainly fine Google Ireland. That's the only reason these companies will comply.
The commission can not do anything to Joe ltd if Joe ltd doesn't have an EU subsidiary to get fined. And the vast majority of US companies do not.