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Impact of GDPR on competitiveness of American and Western European Companies

Explain how EU’s General Data Protection Regulation (GDPR) can affect the competitiveness of American and Western European Companies, as applied to the current state of global competition. Please cite examples. Refer to Chapter 11 of textbook “Commercializing Innovation” by Jerry Schaufeld, uploaded in the additional files. Also refer to the uploaded example paper for format and style. You may reference the academic and popular press, including: Business or Management Periodicals (e.g., The McKinsey Quarterly, Harvard Business Review) Scholarly journal and newspaper articles Books Please provide a draft for pre-review in 48 hours.