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Biden orders crackdown on selling Americans’ personal data abroad
(www.theverge.com)
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this post was submitted on 29 Feb 2024
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So they sell it all to a shell company in India, which then resells it to China. We all know how this works without actual penalties and actual enforcement. GDPR is successful because it has actual teeth, even for companies that are not HQ'd in Europe (but do business with EU citizens).
The US restricts export of certain hardware for matters of national security too, and doing it through shell corporations would get them in trouble too.