In a recent client alert, Hogan Lovells partners from the firm’s London and Washington, D.C. offices highlighted key takeaways for businesses following the European Data Protection Supervisor’s Workshop on Privacy, Consumers, Competition, and Big Data. The workshop, hosted by EDPS in the European Parliament in Brussels on 2 June 2014, discussed the technological advances and market for ‘big data’ analytics and the policy implications for the fields of data protection, competition and consumer protection of the rapidly expanding digital economy in the EU and in other regions, particularly the in US. Around 70 experts attended, including representatives from the European regulators and the US Federal Trade Commission.
On April 10, 2014, the Department of Justice and Federal Trade Commission issued a joint policy statement on the antitrust implications of sharing cybersecurity information to help facilitate the flow of cyberintelligence throughout the private sector. The statement addresses the long-standing concern that sharing cyberintelligence may violate antitrust law under certain circumstances and explains the analytical framework for such arrangements to make it clear that legitimate cyberintelligence exchanges will not raise antitrust issues.