In this era of big data, small differences in privacy policy can easily become major controversies. Such is the case with the U.S.-EU Safe Harbor framework, which, for years, bridged the differences between EU and U.S. privacy laws and allowed commercial data to flow across borders. But when an EU court struck down the agreement last year, it created the possibility of massive economic disruption.
This week, details were released of a newly-negotiated Safe Harbor deal, renamed, the EU – U.S. Privacy Shield, that will ease business concerns about transatlantic data flows. But it will face some European skepticism and an inevitable court challenge.
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