GDPR After One Year: Costs and Unintended Consequences - Truth on the Market Truth on the Market
GDPR compliance costs within companies were very high. It also impacted new companies: Startups: One study estimated that venture capital invested in EU startups fell by as much as 50 percent due to GDPR implementation. (NBER) Mergers and acquisitions: “55% of respondents said they had worked on deals that fell apart because of concerns about a target company’s data protection policies and compliance with GDPR” (WSJ)