Why Europe’s data privacy regulations matter for US business owners

U.S. companies thrive on customer information, but a major regulatory change abroad will have significant implications for data-gathering practices here. The General Data Protection Regulation (GDPR), to be enforced on May 25, 2018, places a standard set of data protection laws across all European Union countries and covers the personal information of EU citizens. Any U.S. company preparing to access or use that personal information is subject to the regulation as well, meaning this regulation certainly can’t be ignored.