IoT

Proposed ePrivacy Regulation to affect all European industries and cost more than €500 billion in reduced annual turnover

A report commissioned by the Developers Alliance and produced by London Economics shows that the proposed ePrivacy Regulation being discussed in Brussels is potentially costly, definitely confusing, and likely to reduce innovation and investment across the EU. The total costs could soar as high as €551.9 billion annually in reduced turnover, with an impact far beyond the technology sector.