Authored by technology law experts at William Fry, the April issue of our IP/IT Update contains valuable guidance on data protection - with a special focus on the EU's move towards a unified 'Digital Single Market'. Now live for BPrO online subscribers.
A snippet from an article entitled, 'After GDPR, a New Regulation to Provide for Free Movement of Personal Data', reads:
'The Digital Single Market strategy is an EU Commission initiative that encapsulates its aim of ensuring broad access to online activities for individuals and businesses. A major factor in the Digital Single Market is what the EU identifies as the ‘data economy’ which aims to make the most efficient possible use of data to benefit the EU member states' economy and society. The data economy already makes up about 2% of the EU's GDP and it is hoped that the Regulation will strengthen the associated infrastructure and processes leading to an increased development of the Digital Single Market.
Data localisation restrictions, and the legal uncertainty around them, was determined to have hampered choices in the public and private sector across the EU, stifling competition. This point was acknowledged when the EU Commission launched the regulation, noting it would be a benefit to the competitiveness of European businesses and result in the modernisation of public services, developing an effective EU single market for data services.'
Subscribers to our Intellectual Property and IT Law Service can access the update in full by clicking here. Non-subscribers can click the button below to commence a free trial of all BPrO online services.