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An EU court just killed a vital U.S. data-sharing agreement. Some say global trade is at risk

July 16, 2020

Via: Fortune

Europe’s highest court just ushered in a nightmare for thousands of American companies, big and small.

Some companies now find themselves immediately unable to legally serve users in the EU. And many Big Tech titans, starting with Facebook, could soon be in the same boat.

It’s all thanks to U.S. surveillance laws, which do not give Europeans a chance to control the collection of their data by American intelligence agencies.

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