EU Panel Votes To Loosen Data Protection Reform Regs

Law360, New York (February 21, 2013, 4:30 PM EST) -- The European Parliament's industry committee on Wednesday adopted dozens of amendments to a proposed data protection overhaul that would ease restrictions on companies' data collection and use practices and soften the threat of massive fines, amid mounting pressure from global organizations for a less restrictive regime.

Helped by support from its liberal sect, the Industry, Research and Energy Committee approved 90 compromise amendments tabled by conservative lawmakers to the European Commission's January 2012 proposal to replace the bloc's current 1995 data protection directive with a modernized...
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