Jun 282016
 
 June 28, 2016  Non-U.S.

Eduardo Ustaran provides food for thought.

The people of the UK have spoken and our collective choice is to leave the European Union. Some are dreading the likely tsunami of economic hardship. Others are excited about what may lie ahead. Most of us are shocked. But as numbing as the verdict of the UK electorate may be, there are crucial political, legal and economic decisions to be made. The ‘To Do’ list of the UK government will be overwhelming, not least because of the dramatic implications that each of the items on the list will have for the future of the country and indeed the world. Steering the economy will be a number one priority and with that, the direction of travel of the digital economy – which, at the end of the day, is one of the pillars of prosperity in the UK and everywhere else.

Regulating the digital economy to maximise its potential, safeguard consumers, and turn it into a much needed catalyst for growth will require careful thinking beyond the obvious. It would not be inconceivable for a Brexit government to try and make its mark by rejecting anything that is seen as Brussels-born red tape and business-constraining. A temptation may be to apply this thinking to anything to do with data protection law – an area which has mistakenly been seen as an impediment in the past. But in doing so, there is a real risk that a regulation-free oriented government may throw the data protection baby out with the bathwater.

Read more of his commentary on Hogan Lovells Chronicle of Data Protection.

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