Why You May Be Losing Out on EU Business Opportunities

OCT 22, 2024 | PRACTUS LLP

Why You May Be Losing Out on EU Business Opportunities

Authored by Linda V. Priebe

Defective GDPR Article 28 contracts derail business  

If you don’t fully grasp Europe’s General Data Protection Regulation Article 28 (GDPR), chances are you’ve already lost out on business opportunities and you’re going to lose more. Many of the GDPR compliance contracts US companies propose to their customers, business partners, vendors, or service providers, violate the GDPR. European companies are noticing and may even kill deals before they ever reach the negotiation stage. 

Get informed about Article 28 Contracts and don’t lose any more opportunities   

Join me along with other top GDPR compliance experts at a free webinar in November, where we will discuss how your US company can avoid losing business from defective GDPR Article 28 contracts.  

What: Webinar: Lost Business Opportunities from Incorrect Handling of GDPR Article 28 Contracts 

Who: GDPR Compliance experts Linda Priebe, JD, CIPP/E (Practus, LLP),  Monika Wendleby and Ranja Bunni (Passacon AB), Anna Cumzelius (Harvest Advokatbyra) 

When: Monday, November 8, 10 a.m. EST, 16.00 Europe CET 

How: Use this link https://lnkd.in/ddVhCRhi to register. It’s free, but you must register in advance 

Brought to you by: Practus LLP, Passacon AB (Sweden), Harvest Advokatbyra (Sweden) 

Why you need this webinar 

The GDPR places heavy legal demands on entities buying a new IT system or engaging consultants to create one. Under the GDPR, the purchaser is the Controller and the supplier/vendor/service provider is the Processor. Article 28.3 of the GDPR compels Controllers to sign a written contract that requires compliance by the Processor. It’s crucial not only to sign GDPR Article 28 contracts that meet the GDPR’s requirements, but also to choose Processors that understand what GDPR compliance means for the services/products they provide. Getting any part of this wrong could lead to sanctions and difficult contract disputes, not to mention incur significant damage to your finances and brand.  

Bad GDPR Article 28 contracts lose business

Unfortunately, US Processors are unleashing a flood of defective GDPR Article 28 contracts. This burdens both the Controller and the Processor. When a Processor proposes an incorrect GDPR contract to its customers, it waves a red flag that it doesn’t completely understand its obligations under the GDPR and that its services/products are not in compliance. The Controller also bears risk because under the GDPR they could be held liable for their Processor’s GDPR compliance failures. This has led to a burgeoning trend of Controllers rejecting Processors that propose incorrect GDPR contracts and a spiraling risk for losing international and global business opportunities. 

The do’s & don’t of Article 28 contracts

In this Webinar we will share experiences from both a European and US perspective on GDPR compliance, focusing on Article 28 contracts. We will provide you with do’s and don’ts that can help you make the right choices to attract new opportunities and avoid losses and damage to your business and brand. We will also share examples of good practices that can help the parties and their legal teams with GDPR compliance and contracts.  

Practus, Passacon, and Harvest welcome you to this webinar at 16.00 CET/ 10 AM US Eastern Time. We look forward to seeing you soon! 

The Authors
Linda V. Priebe
Read Full Bio

This Practus, LLP publication should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only, and you are urged to consult your own lawyer on any specific legal questions you may have concerning your situation.

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