Catherine Bahn discusses how Facebook and Google began to prepare for compliance with the European Union’s General Data Protection Regulation, which began to be enforced in May 2018. The purpose of this new legislation is to “harmonize data privacy laws across Europe”, however, the implications are likely to reach beyond the geopolitical borders of Europe and change the direction of corporate transparency. Facebook and Google have the opportunity to be leaders in building dynamic corporate transparency and considering new economic models with the vast amount of customer data they have and will continue to gather.