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Binding Corporate Rules As a New Concept for Data Protection in Data Transfers

  • Bianka MaksóEmail author
Chapter
Part of the MPI Studies on Intellectual Property and Competition Law book series (MSIP, volume 28)

Abstract

It took us only a few decades from the introduction of publicly open and printed telephone-number registers to approach the utopian idea of Laudon’s digital information market for personal data. Through the journey concerning data protection we must face challenges in the fields of technological development as well as jurisdictional and legislative issues such as extraterritorial law-making. This paper attempts to provide a brief composition of the economic aspects of personal data given real commercial and strategic value. Additionally, a focus is on conceptual, procedural and applicability aspects of a new legal institution called binding corporate rules, which can offer a new approach for companies to ensure an adequate level of protection not only in the cases of data transfer to third countries but also in general business interests.

Keywords

Data protection Binding corporate rules General Data Protection Regulation Data transfer Personal data 

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Copyright information

© Springer-Verlag GmbH Germany, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Deák Ferenc Doctoral School of LawUniversity of MiskolcMiskolcHungary

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