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Foreign direct investment (FDI) is the direct ownership of facilities in the target country. It involves the transfer of resources including capital, technology, and personnel. Direct foreign investment may be made through the acquisition of an existing entity or the establishment of a new enterprise.
But with the barriers for consent becoming considerably higher, Smith notes that the organisation may instead argue that its âlegitimate interestâ overrides the âpersonal interestâ of the consumer. Indeed processing in pursuit of direct marketing is mentioned in the GDPR text as a legitimate interest. It took some hard lobbying by the DMA to reach that point and it could make contact legal for mail or phone without gaining explicit opt-in. But this route isnât necessarily the easy option.