> - Consumers can opt out of their data being sold, and businesses can’t retaliate by changing the price or level of service.
This is something I object to. It's just fundamentally stupid and doesn't make sense. The entire premise of free exchange is that I give you my services in exchange for something of value of yours. Making it illegal to withhold services if you don't give up your data is crazy. The only reason those services are being provided at all is to get that data. That's effectively a requirement that people provide services for free.
EDIT: I'll also add that it strongly favors incumbent tech companies, by explicitly carving out "selling to third parties" as a disfavored tactic. Google can monetize your data internally. Your average startup may not be able to. Specifically carving out "selling to third parties" favors large, incumbent players over small startups. But then, regulation always does.
This is something I object to. It's just fundamentally stupid and doesn't make sense. The entire premise of free exchange is that I give you my services in exchange for something of value of yours. Making it illegal to withhold services if you don't give up your data is crazy. The only reason those services are being provided at all is to get that data. That's effectively a requirement that people provide services for free.
EDIT: I'll also add that it strongly favors incumbent tech companies, by explicitly carving out "selling to third parties" as a disfavored tactic. Google can monetize your data internally. Your average startup may not be able to. Specifically carving out "selling to third parties" favors large, incumbent players over small startups. But then, regulation always does.