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Companies await fate of data sharing deal

19
Apr
2016
Companies await fate of data sharing deal

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A deal between the United States and the European Union on transferring data is facing another obstacle, with a key group of regulators demanding changes to the agreement.

Businesses on both sides of the Atlantic are anxious for the so-called Privacy Shield to be put in place. The deal would allow tech companies such as Google and Facebook to legally handle European citizens’ data, with the rules also helping industries such as hospitality and retail.

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