The Financial Times writes that a clash between European and US rules are “… likely to spark a diplomatic battle between Brussels and Washington, which has actively been trying to water down the EU’s tough new privacy legislation by handing US companies a de facto exemption from it.”
What about the data privacy issues posed by FATCA? Shouldn’t we be hearing more from the EU Justice commissioner about this?
Europe’s most senior justice official is adamant she will fight US attempts to water down a proposed EU data protection and privacy law that would force global technology companies to obey European standards across the world.
Viviane Reding, EU commissioner for justice, said that the EU was determined to respond decisively to any attempts by US lobbyists – many working for large tech groups such as Google and Facebook – to curb the EU data protection law.
“Exempting non-EU companies from our data protection regulation is not on the table. It would mean applying double standards,” Ms Reding told the Financial Times.
“Data protection is a fundamental right in Europe which is clearly enshrined in the Charter of Fundamental Rights. Whilst this may not be the case in other parts of the world, one thing is clear: if companies want to tap into the European market they have to apply European standards.”
Ms Reding’s firm approach is likely to spark a diplomatic battle between Brussels and Washington, which has actively been trying to water down the EU’s tough new privacy legislation by handing US companies a de facto exemption from it.
Washington has repeatedly expressed its concern that the draft legislation could stifle innovation as well as kick-start a trade war between European and US companies…