Other executives argued along similar lines, adding that whatever law is passed should not be so cumbersome as to hurt innovation, especially at small and medium-sized companies. Many also wanted a law that pre-empts state statutes, like the one California just passed.
Consumer advocacy groups have opposed the industry’s objections to GDPR and the California law. In a letter to the Senate committee that conducted the hearing, the American Civil Liberties Union called for legislation that would install safeguards for consumers.
“In the last year, we have seen countless data breaches, sharing of sensitive data without consent, and reports that companies have misled consumers regarding their data practices,” the ACLU wrote. “It is past time for Congress to right the imbalance in our laws that has failed to protect consumers from industry practices that strip them over control of their data in the interest of profit.”
Senator John Thune, the chairman of the commerce, science and transportation committee and a South Dakota Republican, said Wednesday that lawmakers intend to hold a second hearing next month. He added that a California privacy activist and the head of GDPR enforcement have already agreed to testify.
CNNMoney (New York) First published September 26, 2018: 3:44 PM ET