Europe seeks to lead a new world order on data

Brussels is pulling its weight as the world’s top trade bloc to export its privacy rules.

Ahead of a G20 ministerial meeting this weekend in Japan, EU officials are pushing to cement the region’s dominance over new standards about how companies send data between trading blocs. Europe’s goal is to establish the right to privacy — enshrined as a fundamental right in the region — in the way that data is exchanged between global businesses ranging from banks and insurers to hotels and online retailers.

Source: Europe seeks to lead a new world order on data – POLITICO