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ARTICLE · 15 AUGUST 2018

U.S. Companies Still Grappling With GDPR

Wilson Elser Moskowitz Edelman & Dicker LLP
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Several months after the European Union's new sweeping privacy law known as the GDPR went into effect on May 25, 2018, U.S. companies are still struggling to understand the implications for their businesses.

United StatesPrivacy
Anjali Das
Anjali Das
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Several months after the European Union's (EU's) new sweeping privacy law known as the General Data Protection Regulation (GDPR) went into effect on May 25, 2018, U.S. companies are still struggling to understand the implications for their businesses. This article highlights some of the key threshold issues that companies should consider in analyzing the potential impact the GDPR may have on their operations, including restrictions on the collection and use of personal information of EU residents.

What Is the GDPR?

The GDPR (or Regulation) is perhaps the most comprehensive privacy law of its kind in the world, emphasizing the growing social, political and legal concerns about the potential misuse and abuse of individuals' personal data. This is no surprise given the rapid advances in technology and the impact of the new economic reality of "big data" and data analytics on consumer information.

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