The US and also the European community have announced that they need an “in principle” agreement in situ to form a brand new framework for the aim of cross-border data transfers. This announcement has brought much relief to various tech giants like Google and Meta. For over a year, officials are planning out a pander to the aim to switch the invalidated Privacy Shield, a meeting that enables firms to share Europeans’ data with the US. In July 2020, the Privacy Shield was invalidated. This struck a blow to the tech companies that were hoping for this mechanism for the US-EU data flow. The highest court of the EU sided with privacy activist Max Schrems who had argued that the prevailing framework failed to protect the people living in Europe from surveillance of the US. The...
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