New challenges and opportunities with the regulation around Data Economy
Almost all industries are linked to the Data Economy in some way. Companies acquire or share data with partners, use it in their business or use platform services either directly or as distribution channels for their own services. New technologies such as artificial intelligence will also lead to new legal issues that are not addressed by existing regulations and case law. The EU has responded with its own data strategy and related legislation. Navigating new regulations and applying existing regulation to new business models and technological developments is a necessity but also an opportunity to seek new business benefits.
Fondia’s lawyers help your business navigate the legal challenges and opportunities of the Data Economy
Our Data Economy lawyers closely monitor regulatory developments in the EU and domestic regulatory areas. Combined with solid experience in our clients' businesses, we help our clients find solutions to legal issues related to the use of data, AI and platform services. We also help our clients identify business opportunities arising from new regulations, such as the Digital Services Act, Digital Markets Act, Data Act and AI Act.
We’ll be there to advise you on, e.g.:
Strategic preparation in product and business model design to ensure compliance in advance
Continuous support and insights into regulatory development
Regulatory Impact Assessments of processes and business models
Reviewing and adjusting service terms to ensure compliance with new regulations
Updating contract templates to accommodate the new rules around data
Drafting of internal compliance policies and related trainings
Aligning processes to match the increased regulatory requirements
Monitoring and reporting services to protect your rights and interests