EU-U.S. commercial data transfer pact clears final hurdle

By Julia Fioretti BRUSSELS (Reuters) – A commercial data transfer pact provisionally agreed by the EU executive and the United States in February received the green light from EU governments on Friday, the European Commission said, paving the way for it to come into effect next week. Its introduction should end months of legal limbo for companies such as Google, Facebook and MasterCard after the EU's top court struck down the previous data transfer framework, Safe Harbour, on concerns about intrusive U.S. surveillance. Representatives of European Union member states mostly voted in favor of the EU-U.S. Privacy Shield, but there were abstentions from Austria, Slovenia, Bulgaria and Croatia, sources said.

Original story here.

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply