French DPA publishes report on the economic impact of the GDPR

02/04/2024 | French DPA

The French data protection authority, the CNIL, has published a report assessing the impact of the General Data Protection Regulation (GDPR) in Europe since its introduction in 2018. The GDPR has facilitated the free flow of personal data by harmonizing data protection rules in Europe. As personal data is crucial to the digital economy, the GDPR's high level of data protection builds and maintains trust among citizens, thereby having significant economic implications for France and its businesses. The report considers the benefits for companies and individuals along with lessons for the regulator. 

related post analysing the personal data breaches in the country since 2018 revealed that only 50% were reported within 72 hours.

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