The EU has unveiled tough new rules on protecting internet users personal data that have far-reaching implications for web giants such as Google and Facebook. The proposals would significantly boost regulators’ data protection powers.
Companies could be fined up to one percent of their global revenues for violating the rules.
Justice Commissioner Viviane Reding said: “Citizens will have to know how their data is processed. Second: a consent to use data will be necessary, to be given the explicit consent by the citizens.”
The EU said the new system would boost business by simplifying current, diversified rules. The new regime will need to be approved by national governments and the legislative process is likely to take at least two years, so the rules could yet be changed.