Cameron Russell, adjunct professor and executive director of the Fordham Center on Law and Information Policy (CLIP), was quoted in a Barron’s article regarding the possible impact of the European Union’s General Data Protection Regulation (GDPR) on large technology companies, such as Facebook.
Evercore ISI Research analyst Anthony DiClemente recently trimmed his 2019 revenue estimates for Facebook by 1.5% and lowered his target price of its shares to $200 from $205. The flip side of the argument is that large companies like Facebook with dominant market positions are in far better shape to adapt to GDPR and its financial and legal commitments than smaller tech firms, Cameron Russell, a law professor at Fordham Law School, tells Barron’s.