This post originally appeared on the European Law Institute’s webpage principlesforadataeconomy.org.
The recently approved ALI-ELI Principles for a Data Economy was presented and discussed with experts from all over the world at an online Conference which took place from October 18 to 19.
The aim of the Conference was to exchange views on the output of the ground-breaking project conducted jointly by The American Law Institute (ALI) and the European Law Institute (ELI). The goal of the project was to produce a set of transnational principles intended for use in various legal systems, irrespective of the otherwise applicable legal framework. The Reporters designed them to make existing law in the field of the data economy more coherent and inspire the further development of the law by courts and legislators worldwide. The Principles were approved by both organisations in 2021 and the Final Council Draft is available here.
The Conference consisted of five main sessions, during which each Part of the ALI-ELI Principles (on general provisions, data contracts, data rights, third-party aspects of data transactions, and multi-state issues) were presented. Following a short presentation delivered by the Project Reporters, Neil Cohen on the ALI’s side and Christiane Wendehorst on ELI’s side each Part of the Principles was discussed by a panel of experts. The Conference also featured a discussion with key stakeholders, with a view to shedding light on the perspectives of businesses as well as consumers.