U.S. Businesses Face the Specter of Data Localization in Europe
[This is the third of three articles in a series on policy priorities for Transatlantic Relations. Read articles one and two here.] In a few weeks, President Biden will meet with European Union leaders in Brussels. With global economic recovery a priority, and bilateral trade and digital cooperation on the agenda, one test of whether the renewed U.S.-EU partnership can deliver results is the conclusion of a new Privacy Shield. A new pact will inject much needed certainty into the transatlantic economy, which relies on the ability of all firms to transfer personal infor...
Source: uschamber.com