Facebook Blames GDPR for Drop in Users, Plummeting Share Price

Amid a plummeting share price, Facebook Inc. wants panicked investors to believe Europe’s strict General Data Protection Regulation is to blame for fewer people using the social network in the region. EU lawmakers disagree. The new law came into force on May 25 and forced companies that hold data on EU citizens to obtain “unambiguous” consent to collect personal information.

Fonte:https://giga.law/daily-news/2018/7/29/facebook-blames-gdpr-for-drop-in-users-plummeting-share-price
Author: Doug Isenberg

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