The French government has proposed a privacy tax—comparable to carbon taxes aimed at discouraging polluters—to protect consumer data, NBC News reports. The proposal is included in a recent report by the French Ministry of Finance and suggests companies that misuse or fail to protect consumer data would pay a tax with rates scaled to the severity of the infraction. The tax proposal would also incentivize protecting consumer data in ways that extend beyond current regulations, the report states. It has been met with mixed reactions. “It’s a very revolutionary and interesting proposal, but it would be difficult in France, let alone around the world, to implement,” one lawyer said.
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