German tech association Bitkom has joined its French and UK counterparts, Syntec Numerique and techUK, in appealing to the EU Commission to “deliver the economic promise of the Digital Single Market”.
The EU-U.S. Privacy Shield Framework was adopted last month, July 2016. This new regulation was designed and accepted by the U.S. Department of Commerce and European Commission to provide companies on both sides of the Atlantic with a mechanism to comply with EU data protection. The Privacy Shield’s requirements impacts personal data being transferred from the European Union to the United States. US Companies that do global business may be interested in being in compliance, if they receive personal data from European Union citizens.