May 17, 2018

What will Europe’s new data protection law cost businesses?

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Europe’s new data regulations apply to companies large and small, but do tech’s little fish have a big disadvantage? The General Data Protection Regulation has already taken effect and will start being enforced later this month. Some big companies have…

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For small companies, doing business in Europe may not be worth the cost

Large companies are spending millions to comply with Europe's new data laws; that could prove tough for smaller businesses.
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JIM WATSON/AFP/Getty Images

Europe’s new data regulations apply to companies large and small, but do tech’s little fish have a big disadvantage? The General Data Protection Regulation has already taken effect and will start being enforced later this month. Some big companies have added staff and software to comply, but smaller businesses may not have the cash to keep up. Marketplace Tech host Molly Wood spoke with Jessica Lee, partner with the law firm Loeb & Loeb, about just how much businesses are spending on compliance. (05/17/2018)

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