Currently, promotion in social media is a necessary component of any business. When promoting business in social media it is necessary to keep in mind the legal point of this issue. Oksana Yefimchuk the Head of Intellectual Property of Jurimex law firm has talked on this matter within the frames of the EBA Education.  Her report included the following issues: privacy, collection and protection of personal data, intellectual property issues, advertising law, consumer protection, and social network contests.Follow the link to see the presentation "Business and social media: legal component" http: //www.slideshare.net/Darbal12/ss-64205034