Thierry Breton did not give details on how this might be
achieved in an interview with the financial daily Les Echos
published on Tuesday. But his remarks after one month in the job
shed light on the direction he wants to pursue.
"It is true that for the current generation of services based on
personal data, the United States and China are ahead of Europe,"
Breton said.
He said platforms in those markets had benefited from huge
internal markets while hoovering up data from elsewhere by means
that were now being scrutinized.
"Let us focus on the second phase which is beginning now, that
of B-to-B (business-to-business) and do so with a clear
principle in mind: that European should be the owners of their
data, and this data should be handled in Europe."
B-to-B refers to transactions between two businesses, such as a
manufacturer and wholesaler, or a wholesaler and a retailer.
The EU's General Data Protection Regulation (GDPR) which took
effect in May 2018 is designed to protect the privacy rights of
EU individuals but also applies to all companies processing or
controlling the personal information of EU residents, regardless
of where those firms are located.
(Reporting by Richard Lough; Editing by Sonya Hepinstall)
[© 2020 Thomson Reuters. All rights
reserved.] Copyright 2020 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|