The Czech competition authority has released an information sheet titled 'Data Protection and Competition: A View from the Czech Competition Authority and the Office for Personal Data Protection on Digital Markets'. This document addresses the evolving relationship between data protection and competition law, which has become increasingly relevant in the context of the digital economy.

As technology advances, personal data has emerged as a new currency, presenting challenges for market functioning and individual privacy. The synergy between competition law and data protection is essential for maintaining an innovative market environment while safeguarding consumer rights. The practices of foreign authorities support the notion that a coordinated approach is necessary to keep digital markets open and fair, while also respecting individuals' privacy rights.

The information sheet outlines the development of European legislation, current digital regulations, case law, and the intersection of competition and data protection. It discusses the collaborative aspects between the two regulatory bodies, potential conflicts between competition and privacy, and includes case studies and decisions.

Compliance with GDPR is increasingly becoming a part of competition compliance and internal audits. Ignoring data protection rules can lead to fines from both data protection and competition authorities. Conversely, robust data protection can serve as a competitive advantage, helping businesses differentiate themselves and attract customers.