22.5. Managing the Balance between Self-regulation and Legislation
One of the most negative outcomes from all the rhetoric around privacy is that companies are actually discouraged from posting their privacy policies. Because only U.S. companies that actually display a privacy policy can get into trouble for not living up to it, companies think they're safer not having a policy. Unfortunately, this is head-in-the-sand thinking. The real result of ignoring privacy will be complicated laws created by legislators who don't understand business realities. These are likely to be much more restrictive and difficult to work with than anything we would enact ourselves or that our customers would demand. Unfortunately, hard-liners on both sides of the ...
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