Don’t be fooled by Meta’s fine for data breaches, says Johnny Ryan
Europe’s GDPR, once seen as a model, is an enforcement flop
THE EUROPEAN UNION’S best-known law is about to turn five. On May 25th 2018 the EU introduced the General Data Protection Regulation (GDPR). Spurred by the revelations of Edward Snowden, an American whistleblower, the bloc’s lawmakers gave Europe’s rights-based approach to data sharp new teeth. Enforcers gained formidable powers, including the authority to raid companies like Google, Meta and Amazon, and to force them to change how they operate. This showpiece regulation was hailed as the new global standard for data protection and privacy.
More from By Invitation
Time is not on Russia’s side, argues Finland’s foreign minister
Elina Valtonen calls for a lower oil-price cap and tougher measures against Russia’s shadow fleet
Oriana Skylar Mastro makes a case for paring America’s nukes
The political scientist explains why beefing up is bad China strategy
A new Iranian approach to regional security and prosperity, by M. Javad Zarif
Iran’s vice-president on how his country can make the region more secure and prosperous
America’s debt cannot keep stacking up, says Jeffrey Gundlach
The “King of Bonds” sees the risk of a debt restructuring with global repercussions
South Korea’s crisis highlights both fragility and resilience, writes Wi Sung-lac
The country is deeply polarised, but its living memory of military rule strengthens its commitment to democracy
How to turn European savings into investment, innovation and growth, by Christine Lagarde
A fragmented financial infrastructure means that Europe gets less bang for its euro