Tech giants. Photo: Shutterstock.comEurope Sets Path for Regulation of Tech Around the World
Where the EU leads, the rest of the world tends to follow, a Hogan Lovells report says.
November 01, 2019 at 02:51 PM
4 minute read
More than half of the world's legislative policies that target the global tech sector originated in Europe, according to a report issued by Hogan Lovells.
The report, "A Turning Point for Tech," examines legislation and legislative initiatives in 16 legal jurisdictions in the first half of 2019. It found that over half of the regulation aimed at the tech sector originates from the EU or its member states. By contrast, only 28% of legislation comes from the U.S. and 8% from Asia.
The report, written by lawyers across Hogan Lovells' global network, advises tech companies that regulation and antitrust enforcement are set to increase, and that they should be prepared to deal with their compliance obligations and the likely effect on their businesses.
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