European Data Protection Digest

Opinion: Regulation Could Cost Businesses Billions

PRIVACY LAW—EU

January 3, 2013

Research by the Brussels European Employee Relations Group (BEERG) has shown that, if passed as is, the proposed data protection regulation may cost European businesses upwards of 3 billion euros, reports EurActiv. Derek Mooney, BEERG’s public affairs director, says that while the European Commission claims the changes will bring savings with the onset of a single law for all member states, employee data has been excluded from the regulation—meaning businesses will have the “patchwork of 27 different rules for 27 different countries” for employee data “plus the additional obligations and burdens” laid out in the regulations.
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