EU Member States Opposing Onerous EU Data Privacy Regime
Fear fine amounts could make it difficult for EU firms to be competitive
Just over a year after the European Justice Commissioner Viviane Reding lifted the lid on new plans to reform the data protection and privacy laws in the region, Brussels is facing its greatest challenge yet by no other than its own member states.
First reported by the Financial Times of London (paywalled), the Commission may "water down" proposals after a group of EU member states said they were heavily opposed to a number of proposed measures—which include measures that could see EU-based firms fines of up to 2 percent of a company's global revenue for data breaches.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?