Data protection
European competitiveness relies on the collection and use of data, including personal data. Data-driven innovation can leverage 330 billion euros a year in the EU by 2020. The new EU data protection framework must truly help the digitalisation of the European economy.
Discussions on the data protection regulation show that Europe is still very much risk-averse towards digital compared to other economic areas. It is important for Europe to reassess its risk-opportunity balance and exploit the opportunities rather than focus on the threats of the data-driven economy. The EU data protection rules at the same time must ensure the protection of EU citizens and the free movement of data in the digital single market, which is essential to development of the digital economy. The ability to transfer data not only within Europe, but also outside, is crucial for companies everywhere in the world, no matter their size, their sector or the geographic area where they operate.
Publications
| Reports and studies | Date | |
|---|---|---|
| Schrems II - Impact survey report | 26/11/2020 |
