Regulations Can Create The Monopolies They’re Meant To Prevent

Smaller competitors face a different calculation. A startup with 50 employees and $10 million in revenue needs to hire or contract GDPR specialists and implement the same systems. Three compliance specialists and infrastructure costing $500,000 annually would represent a 5 percent hit to revenue. This burden is dramatically different from the one a large firm would experience.What explains the variation in outcomes from a uniform set of rules? Simply put, compliance infrastructure doesn’t scale linearly wit ...