#Silicon_Valley is terrified of California’s privacy law. Good. | TechCrunch
▻https://techcrunch.com/2019/09/19/silicon-valley-terrified-california-privacy-law
Since the law passed, tech giants have pulled out their last card: pushing for an overarching federal bill.
In doing so, the companies would be able to control their messaging through their extensive lobbying efforts, allowing them to push for a weaker statute that would nullify some of the provisions in California’s new privacy law. In doing so, companies wouldn’t have to spend a ton on more resources to ensure their compliance with a variety of statutes in multiple states.
Just this month, a group of 51 chief executives — including Amazon’s Jeff Bezos, IBM’s Ginni Rometty and SAP’s Bill McDermott — signed an open letter to senior lawmakers asking for a federal privacy bill, arguing that consumers aren’t clever enough to “understand rules that may change depending upon the state in which they reside.”