Expect Privacy Law to Pass by 2020, Analysts Say After Antitrust Meeting Their Firm Organized
Expect national privacy legislation to pass by 2020, MoffettNathanson Research said Monday, citing comments at an antitrust forum last week the analyst firm organized. Analysts Craig Moffett and Michael Nathanson forecast pressure from a patchwork of state laws that will have tech platforms seeking a better alternative. Antitrust action from DOJ against platforms like Facebook, Amazon or Google is less likely, since consumer harm is difficult to prove when services are free, the analysts wrote investors.