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Bankroller of California Privacy Law Warns Industry Will Gut It

Posted on July 9, 2018June 25, 2025 by Dissent

Ellen Huet reports:

It took Alastair Mactaggart two years and more than $3 million of his own money to get a ground-breaking data privacy law passed in California. Now he expects to spend much of the next two years making sure the legislation survives until it takes effect in 2020.

The law, which passed in late June, gives consumers the power to prevent companies from selling their personal information. Echoing the set of restrictive rules known as GDPR enacted earlier this year by the European Union, the legislation will almost certainly be the subject of intense lobbying from the tech giants that vacuum up all the data.

Read more on Bloomberg.

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