Eagle Alpha rounds up some of the most relevant legal and compliance articles surrounding the alternative data space over the past week.
Ear to the Ground:
Last week, data group Experian appeared in the news over an investigation by UK regulators. The Information Commissioner’s Office had found that the credit checking group along with rivals Equifax and TransUnion 'were trading, enriching and enhancing people's personal data without their knowledge'. You can view the article here.
With Salesforce and Oracle’s GDPR-related class-action lawsuit moving forward and the Belgian Data Protection Authority challenging the entire legitimacy of online tracking, does this spell a turbulent time for third-party cookies and other trackers? You can view the article here.
The Californian Privacy Rights Act (CPRA) passed this week making it more difficult for advertisers to target customers based on data shared about them. You can view the article here.
Off the back of the CPRA, which will be coming into effect July 2021, managed service providers and others could find themselves in high demand thanks to new channel opportunities being created thanks to the new privacy law. You can view the article here.
Companies in Spain were required to have ensured their privacy policies were compliant by October 31st in accordance with new La Agencia Española de Protección de Datos (AEPD) updates. You can view the article here.
In Canada, Québec proposes Bill 64 – an attempt to modernise privacy laws for the private and public sector giving the Canadian privacy commission increased powers. You can view the article here.
The European Data Protection Board (EDPB) adopted recommendations to assist data exporters with evaluating countries to ensure that they are adhering to the bloc’s level of protection under GDPR and finding further measures as needed. You can view the article here.
An audit released by the UK privacy watchdog raised serious concerns that political parties have been breaking GDPR in several areas including social media, profiling, accountability, privacy information and the lawful basis for processing personal information. You can view the article here.
Amazon improperly used non-public data from independent sellers operating on its marketplace to sell its own products in France and Germany breaching antitrust laws according to the European Commission. You can view the article here.
British Airways was recently fined a record £20m ($28m) by the Information Commissioner’s Office (ICO) and Marriott receiving an £18.4m ($23.7m) fine. What does this mean for the airline industry and data protection? You can view the article here.