Implications of the European Commission’s proposal for a general data protection regulation for business

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Sector:Competition, Regulation and Business | Productivity, Innovation and New Economy
Client:Information Commissioner’s Office
Published: May, 2013
Document type:Report 
Tagged: cost-benefit analysis ex-ante evaluation quantitative analysis EC/EEA

London Economics undertook a review of the costs and benefits of proposed European data protection policies for UK businesses. The study developed a framework for assessing costs and benefits of the proposed measures, reviewed existing evidence and used a survey of data protection professionals in the UK to quantify the expected impact of the proposals. The results show that 40% of companies don’t fully understand any of the ten main provisions being proposed and that 87% are unable to estimate likely costs of draft proposals to their business.