Partner Aaron Tantleff was quoted in a Law360 article, “5 Common Myths About EU’s New Data Protection Regime,” about some of the misconceptions that surround the European Union’s looming new General Data Protection Regulation.
Tantleff said most companies have business operations that touch the EU in some way and are therefore caught up by the regulation’s wide net, even if no one from the company has ever set foot in Europe. “Generally speaking, GDPR is extraterritorial and applies to companies all over, and while that may be concerning and frustrating to companies that don’t think EU data protection authorities should be able to come after them, they still have to comply,” he said.
He also said moving data processing operations out of Europe or leaving the EU market altogether may not be practical for many companies and could end up causing additional headaches. “Offering differential privacy and security where certain protections are offered in one location but not the other is dangerous territory,” he said. “It has the potential to raise the ire of regulators, who may want to know why their citizens’ data is being treated differently and their people are deemed to have less rights than those in the EU,” he said.
Tantleff said most companies have business operations that touch the EU in some way and are therefore caught up by the regulation’s wide net, even if no one from the company has ever set foot in Europe. “Generally speaking, GDPR is extraterritorial and applies to companies all over, and while that may be concerning and frustrating to companies that don’t think EU data protection authorities should be able to come after them, they still have to comply,” he said.
He also said moving data processing operations out of Europe or leaving the EU market altogether may not be practical for many companies and could end up causing additional headaches. “Offering differential privacy and security where certain protections are offered in one location but not the other is dangerous territory,” he said. “It has the potential to raise the ire of regulators, who may want to know why their citizens’ data is being treated differently and their people are deemed to have less rights than those in the EU,” he said.
People
Related News
05 December 2024
In the News
Jeffrey Greene Serves as Lead Editor of Intellectual Property Law Over Borders Comparative Guide
Foley & Lardner LLP partner Jeffrey Greene, associate Arian Jabbary, and law graduate Kunal Makhey contributed to the first edition of Intellectual Property Law Over Borders, a comparative guide by The Global Legal Post.
05 December 2024
In the News
Louis Lehot and Brian Wheeler Discuss Dealmaking in 2025
Foley & Lardner LLP partners Louis Lehot and Brian Wheeler discussed dealmaking prospects in the year ahead in the PitchBook article, "Dealmakers see no ‘quick return to a rosy IPO market’ in 2025."
27 November 2024
In the News
Lawrence Kraus Describes Loper Bright's Impact on False Claims Cases
Foley & Lardner LLP partner Lawrence Kraus is quoted in the Healthcare Risk Management article, "Loper Bright Starting to Affect False Claims Cases."