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Weekly News Roundup: UK Prime Minister Resigns, GDPR One Year Later

Theresa May to resign amid Brexit chaos

Unable to secure an orderly exit from the European Union (EU), British Prime Minister Theresa May announced she would leave her post as leader of the Conservative Party on June 7, but remain as the head of state until her successor is chosen. May was emotional as she acknowledged that her numerous attempts to deliver independence from the European conglomerate had failed.

May’s decision to resign came after she lost the support of her Cabinet, more of whom were growing irritated with the ongoing turmoil over Brexit. Her announcement now sets up a frantic race to succeed her, among them former foreign secretary Boris Johnson and opposition leader and Labour Party head Jeremy Corbyn.

Per judge, Qualcomm violated antitrust statute

As the trade battle between China and the United States continues to intensify, Qualcomm, a US 5G conglomerate, suffered a blow this week. US District Judge Lucy Koh ruled that the company had used its monopoly power to intimidate other corporations into overpaying for royalties on Qualcomm’s wireless devices.

As 5G promises to dominate the mobile industry in terms of speed and connectivity, Qualcomm is the only US company making 5G chips for cell phones. The lawsuit, brought against the tech giant by the Federal Trade Commission (FTC) called the judge’s decision “an important win for competition in a key segment of the economy.” Qualcomm said it plans to appeal the verdict.

DOJ recommends blocking T-Mobile/Sprint merger

The US Department of Justice’s (DOJ) antitrust division recommended filing a lawsuit blocking the US$26.5 billion merger between wireless giants T-Mobile and Sprint, arguing they believe that the merger would ultimately not be in the best interest of consumers.

While Spring and T-Mobile have long contended that the proposed merger would create jobs, lower prices for consumers, and lead to better 5G service, lawmakers, and labor groups disagree. “T-Mobile has a reputation for aggressively seeking to cut prices, and improve service to woo customers away from market leaders Verizon Communications, Inc., and AT&T, Inc., and staff may want to preserve that dynamic.”

GDPR — One year later

One year after the European Union implemented the General Data Protection Regulation (GDPR), and businesses around the world are struggling to comply with the law.

The legislation is the most significant change in privacy regulation in decades, safeguarding European citizens’ data privacy, even if the organization that has their data isn’t based in Europe. Since being implemented in 2018, GDPR has posed a challenge to global businesses, with 79 percent of them either failing to meet regulatory requirements or having trouble maintaining up-to-date programs, according to a Thomson Reuters study.

The study also showed that Australian businesses were among the most likely to say they were failing to meet the requirements, while US corporations were experiencing the most difficulty keeping things updated,

However, GDPR has forced many countries to adopt new privacy laws, regulations, or guidance. “Data privacy laws and regulations are growing every day, and businesses are finding it increasingly difficult to comply and keep up with these fast-changing requirements,” said Emily Colbert, vice president of Practical Law at Thomson Reuters.

About the Author

Scott Sharon is a freelance writer who has contributed to Conducive Chronicle and World Policy Journal.

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