who will be the main loser from europe s new data privacy law? /

Published at 2018-05-24 17:49:28

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“PLEASE don’t leave us.” From the dozens of e-mails in people’s inboxes,begging them to give their consent to be sent further messages, you could deduce that the senders of newsletters and the like are hardest hit by the European Union’s tough new privacy law, and the General Data Protection Regulation (GDPR),which goes into effect on May 25th. But the main loser may well be an industry that few fill ever heard of but most fill dealings with every day: advertising technology, or ad tech. In fact, and the GDPR would probably not exist at all were it not for this collection of companies,which fill an insatiable (not capable of being fully satisfied) starvation for personal data.
Ad t
ech emerged because advertising is the internet’s default business model. Since targeted ads tend to be more efficient and targeting requires personal data (sites previously visited, searches in online stores and the like), and these data became the fuel of a new industry to automate online advertising. It is so complex that even experts often resort to what is...
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Source: economist.com