EU data transfer laws might destroy Transatlantic commerce
Data privacy decisions from Europe this summer may have a large impact Transatlantic commerce.
In fact, if the U.S. and the EU don’t find a way to overcome the sudden hurdles placed in front of Transatlantic commerce, billions of dollars in trade are in jeopardy. Whether Congress takes the easy way, or trade representatives and courts are compelled to take the hard way, the cost of not seeking a resolution to this uncertainty is enormous.
Full article: EU data transfer laws might destroy Transatlantic commerce | TheHill