Business Services Industry
Oakland, Pa.-Based Firm Joins Lobby To Fight Internet Privacy Laws.
Knight Ridder/Tribune Business News, May, 2001
By Eve Modzelewski, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News
May 9--Oakland-based software concern ComponentOne yesterday joined several companies lobbying in Washington, D.C., against potential Internet privacy laws that opponents believe could cost U.S. businesses up to $36 billion.
If the privacy rules are enacted, companies doing business online could have to pay an average $100,000 to make their Web operations compliant, according to a study released by the Association for Competitive Technology, an online industry lobby backed by Microsoft Corp.
"In our case, I'd say that's a conservative estimate," said Larry Krueger, director of sales for ComponentOne, a member of the lobby.
ComponentOne allows...
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