(Jiji Press, Brussels) On the 6th, the Court of Justice of the European Union (Luxembourg) ruled that the arrangement between the EU and the United States known as “Safe Harbor,” which specially permitted U.S. companies to transfer personal information from EU countries to the United States, was invalid because the information was not adequately protected. (http://www.jiji.com/jc/zc?k=201510/2015100600844&g=int)
So it has happened. Since the Snowden affair, people have often said this might happen, but it was also thought unlikely because of the economic impact. Companies such as HP that have implemented not only Safe Harbor but also BCRs and similar measures deserve recognition for their foresight.
European Commission 1st Vice-President Timmermans told a press conference that, even though the arrangement is invalid, information transfers can continue for the time being within the scope of the current rules.
Well, of course. Otherwise the economy would grind to a halt. The question now is how the United States will respond.
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