

It is not trivial, the existence of you job makes that self-evident. If it was trivial companies wouldn’t need a DPO, would they? I would love to see you walk up to your employer and tell them that your job is trivial and anyone can do it…
You might not see this yourself, but the fact that even a small company needs a DPO in order to interpret data protection regulation IS the problem! But I am sure you are not complaining… It needs to be simplified so a small company can be GDPR compliant without requiring a DPO.
This problem is recognized in the report from the EU commission linked in the article, which is why they are acting.
The fact that small startups cannot even take off because they cannot afford to hiring the bureaucrats required to interpret and be compliant with regulation is a massive problem and one of the reasons Europe’s economy is stagnating. It is not about exploiting personal data, it is about the cost of bureaucracy killing European startups in their infancy.
Exactly, when people and organizations are selling their American stocks and companies and customers around the world stop buying American, there is less need for dollars. When the demand decreases, the price decrease.