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California's new privacy law could cost companies a total of up to $55 billion in initial compliance costs, according to an economic impact assessment prepared for the state attorney general's office by an independent research firm.
originally posted by: Riffrafter
What are your thoughts?
The law would apply to all businesses in the state that generate annual gross revenue over $25 million; derive at least half of their annual revenue from selling customers' personal information; or that buy, sell or share personal information from at least 50,000 consumers, households or devices. Researchers estimated that as many as 75% of California businesses earning less than $25 million in revenue would be impacted by the legislation.
originally posted by: lakenheath24
I a reply to: ArMaP
I wonder if one could incorporate themselves as say, a Data Collection Point. One could then patent their own ID and charge these companies directly....or sue them for copyright infringement. Would be fun to try it on anyway.
originally posted by: Riffrafter
Do you or does it belong to some faceless corporation simply because they were able to either dig it up somehow or because they paid someone else for the information? Does this go against an individual's right to privacy as spelled out in our constitution? Does that constitutional protection even apply?
originally posted by: Riffrafter
I believe if people don't stand up and try and stop this practice right now, they'll be *VERY* sorry in the future...
originally posted by: MisterMcKill
Where, exactly, in the Constitution, is the right to privacy? I was under the impression that Roe v. Wade was used to invent it. Funny thing is, we need an amendment to secure that right so that it means that we actually have a right to privacy... not a right to kill unborn children. They just seem like opposite things to me.
"The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath ...