“It’s a cliché that Internet technology (IT) is the future, but it’s a cliché that is most likely true,” writes Barrister-at-Law Denis Kelleher, adding, “Unfortunately for Europe, IT is a future that may pass it by.” Noting there “is no European IT giant to compete with Apple, Twitter, Facebook or even China’s Alibaba” and no “European equivalent of the start-up culture of California or even Israel,” the “EU has consoled itself that at least it retains regulatory power even as it has watched the technological initiative slip away,” he writes. In this post for Privacy Perspectives, Kelleher warns the EU could find that it’s not industry adapting to its regulations but rather the EU adapting to industry.
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