Companies that do business in California, regardless of where they are located, must comply with the law if they exceed one of the following thresholds: (i) have annual gross revenues in excess of $25 million; (ii) buy, sell, or receive or share for commercial purposes personal information gathered from 50,000 or more consumers, households, or devices; or (iii) derive 50% or more of its annual revenues from “selling” consumers’ personal information.
Some questions remain about the precise meaning of the thresholds. For example, it is not specified whether “annual gross revenues” includes global revenues or only revenues from California.
Timeline
Key Definitions
Personal Information
Information that identifies, relates to, describes, is capable of being associated with, or could reasonably be linked, directly or indirectly . . .
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