Businesses fall into transatlantic privacy hole
U.S. companies have begun to face costly problems abroad while they wait for American and European partners to hammer out a new privacy deal after the EU voided a key international pact last year.
U.S. businesses have resisted embracing the EU’s stringent data privacy rules, and U.S. lawmakers have so far failed to pass national privacy standards — though states like California have moved ahead on their own.
Full article: Businesses fall into transatlantic privacy hole – Axios
