
New Data Framework Brings US Big Tech Out of the Legal Limbo in Europe
President Joe Biden signed an executive order to satisfy European concerns about US surveillance and ensure the privacy of personal data transfers between the EU and the US.
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CIO Applications Europe | Monday, November 07, 2022

US President Joe Biden signed an executive order to allay European fears about US surveillance and guarantee the privacy of personal data flows between the EU and the US.
FREMONT, CA: President Joe Biden signed an executive order to satisfy European concerns about US surveillance and ensure the privacy of personal data transfers between the EU and the US. According to the White House, the executive order, which is essential to the digital economy, creates a new legal framework for transatlantic data transfers.
The move by Biden is the most recent attempt to terminate years' worth of legal battles in which European campaigners have contested the legitimacy of the data transfers and threatened to halt US Big Tech's operations in the EU. Gina Raimondo, the secretary of commerce, reports that this is the climax of their combined efforts to restore trust and stability to transatlantic data flows. It will make it possible to maintain the data flow that supports more than a trillion dollars in annual cross-border trade and investment.
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Didier Reynders, the EU's commissioner for justice, hailed the presidential decree as a major milestone despite warnings from Brussels officials that it was only the start of a process that can take months to negotiate a new data agreement. Since they are concerned about US intelligence services accessing the personal information of Europeans who use Facebook or Google ( NASDAQ: GOOGL ) for their online needs, EU privacy campaigners have brought many legal actions against US internet companies.
Europe's top court revoked past agreements, sometimes referred to as equivalency arrangements, after hearing complaints that US restrictions violate the fundamental rights of EU citizens. According to the White House, the executive order addresses problems the Court of Justice of the European Union found when it decided that the former Privacy Shield framework did not provide enough protection.
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