As Companies Learn to Navigate GDPR, The Cost of Cooperation Increases
Categories: Corporate and M&A, IP
The General Data Protection Regulation (GDPR), the new EU-wide data privacy law which came into effect in May, threatens significantly increased penalties for companies sending an individual’s data across borders. Now a few months in, the restrictions have dredged up a wave of practical issues for lawyers and businesses alike. While lawyers say it’s too early to assess the impact of GDPR, they warn that providing US authorities with overseas documents in cases will take more time and be more expensive.
