Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-05-07-Speech-3-094"
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"en.20080507.13.3-094"2
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"Madam President, although I am aware of the risk of overburdening the agenda of the Transatlantic Economic Council, I would still call for the insertion of the issue of data protection in the agenda, because data protection – contrary to what many people think – is very much an economic issue. It actually used to be the responsibility of DG Internal Market in the Commission, but that has since changed.
Personal data has become big business, and it is a growing business. We are currently witnessing, for example, some multibillion mergers in the sector. Think of Google/Double Click, which we discussed back in January; the merger between Microsoft and Yahoo!, which has now been called off; and, shortly, Reed Elsevier and ChoicePoint. That indicates the importance of personal data.
The business is also global in nature. Businesses are increasingly confronted with different legal regimes across the world, or even within Europe or within the United States – for example: rules on breach notification, data protection, profiling and behavioural advertising. Businesses and citizens need global rules for more legal certainty and transparency. Therefore we should start elaborating global standards. I think that the Transatlantic Economic Council would be the appropriate platform for doing this and, therefore, I would like to hear whether Commissioner Verheugen agrees with me that this issue should be included in the agenda for the TEC."@en1
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