The European Union has adopted a new transatlantic data adequacy agreement with the US.
The much anticipated decision means there’s an immediate resolution to legal uncertainty around exports of EU users’ personal data by US companies — a problem that’s affected thousands of businesses in recent years, big and small, including the likes of Meta and Google to name a couple of the most high profile examples.
Speaking during a press conference announcing adoption of the US adequacy decision, EU justice commissioner Didier Reynders sounded confident that this time — the third such high level data transfer arrangement the bloc’s executive has granted the US — will indeed be third time lucky.
“With the adoption of the adequacy decision, personal data can now flow freely and safely from the European Economic Area to the United States without an …
