Important Privacy Laws for Entrepreneurs Expanding into Europe
For many U.S. based start-ups, European privacy standards remain an afterthought. No one thinks much about them until the start-ups, which often collect personal information about their users, like online behavior, location, sex, IP addresses and unique smartphone IDs, are told they’re facing sanctions for their business practices.
Of course, in many countries, the sanctions are tantamount to a slap on the wrist, particularly for giants like Google and Facebook that have a special talent for aggravating European lawmakers over privacy issues.
But the laws abroad only look to become more stringent and to give consumers more power, and they’re likely to come with more devastating consequences for those companies that ignore them. In fact, one current data privacy proposal being weighed would allow regulators to assess fines of as much as 2 percent of a company’s global sales.
Phil Lee is a Partner in the Privacy and Information Law Group at Field Fisher Waterhouse, advising on all aspects of data privacy and information law as well as wider online regulation. Phil holds Certified Information Privacy Professional (Europe) (CIPP/E) status.
Phil has particular specialisms in behavioural profiling and cookie regulation, e-marketing, and international data transfer strategies (including binding corporate rules). He has worked on numerous multi-jurisdictional data privacy projects across more than 30 countries. In addition to privacy and information law, Phil regularly advises on a wide variety of technology, social media, and e-commerce projects.
Phil holds an MA in Computer Science from Cambridge University and a postgraduate diploma in Intellectual Property from Bristol University. He is a frequent contributor to Field Fisher Waterhouse's Privacy & Information Law blog and is also a contributing author to the IAPP's "European Privacy: Law and Practice for Data Protection Professionals" and Wolter Kluwers' "Global Privacy & Security Laws". Phil is a committee member of the Society for Computer and Law's Privacy & Data Protection Group.
SOURCE: PEHub.com, FFW.com