EU Privacy Laws Will Apply to U.S. Companies Who Do Business in Europe
EU justice ministers have reached a partial agreement on planned new data privacy laws, but they still disagree about how to implement them. Ministers agreed on the rules that govern international data transfers and on the territorial scope of the data protection regulation. In short, EU data protection laws will apply to non-European companies if they do business in the EU. The proposal for a Data Protection Regulation to update the old 1995 privacy directive was first put forward by EU Justice Commissioner, Viviane Reding. She said she was pleased the council of justice ministers had managed to make some headway.