GDPR has much the same problem: it can only actually be enforced against entities with a presence in Europe. When Europeans do international business, the GDPR only protects them if that foreign site has a business presence within Europe. When they have no bank accounts or business assets inside the EU, they are not subject to the GDPR.
Even though the GDPR covers your side, it doesn’t always cover the other side.
That’s why I said “regulations like the GDPR”. The US and other blocs need similar regulations. Especially the US is important, as they’ve shown that they’re willing to stretch the size of their jurisdiction to sometimes absurd lengths.
That’s usually a bad thing, but in this case that might be good.
GDPR has much the same problem: it can only actually be enforced against entities with a presence in Europe. When Europeans do international business, the GDPR only protects them if that foreign site has a business presence within Europe. When they have no bank accounts or business assets inside the EU, they are not subject to the GDPR.
Even though the GDPR covers your side, it doesn’t always cover the other side.
That’s why I said “regulations like the GDPR”. The US and other blocs need similar regulations. Especially the US is important, as they’ve shown that they’re willing to stretch the size of their jurisdiction to sometimes absurd lengths.
That’s usually a bad thing, but in this case that might be good.