Stricter EU privacy laws did not slow Facebook and Google growth

Evidence

This is at least one conclusion from the past decade: despite far more stringent privacy and data-protection laws in the EU as compared to the US, as well as a forceful commitment to antitrust, Facebook and Google have continued to flourish in Europe. For example, between 2010 and 2017 the compounded annual growth rate for Facebook daily active users was 15 percent in Europe compared to 9 percent in the US and Canada. β€” Shoshana Zuboff, The Age of Surveillance Capitalism, 1553

Categorization

  • SEED: Angle: β€˜the regulatory impotence paradox’ β€” why stringent law failed to constrain platform growth, with hard growth-rate numbers as the hook.
  • XREF: connects to: Privacy controversies have not slowed the global expansion of surveillance-capitalist services β€” Shoshana Zuboff, The Age of Surveillance Capitalism, 469; Facebook exited the EU legal framework for 1.5 billion users to evade GDPR β€” Shoshana Zuboff, The Age of Surveillance Capitalism, 1556; AOL monetized user data before Facebook and Google did β€” Tim Wu, The Attention Merchants, 737

Broader Connections