Facebook: The European GDPR Regulation Problem

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About: Facebook, Inc. (FB), Includes: GOOG, GOOGL, TWTR
by: George Kesarios
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George Kesarios
Long/short equity, Deep Value, special situations, contrarian
Summary

The Cambridge Analytica incident that put FaceBook in the news recently is a past event.

However it has opened the discussion if social media platforms need regulation.

The Europeans are about to introduce such regulation that has been in discussions for over 5 years.

The recent Cambridge Analytica incident that opened the floodgates for Facebook (FB) shares is in itself not the problem. We all knew companies and advertisers were using user data in all sort of