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US-EU Agreement on Data Transfer Pact
March 30 , 2022
1044 days
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- The United States and the European Union have announced that they have an “in principle” agreement in place to create a new framework for the purpose of cross-border data transfers.
- This announcement has come as a much-needed relief for various tech giants like Google and Meta.
- For more than a year, officials have been planning out a deal with the aim to replace the invalidated Privacy Shield, an arrangement that allows firms to share Europeans’ data with the U.S.
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