Changes In EU Data Protection Regime Could Repel US Cos.
By Allison Grande (January 9, 2013, 11:21 PM EST) -- As part of an ongoing data protection overhaul, the European Parliament on Tuesday proposed to adopt a privacy regime that attorneys call extraordinarily restrictive, saying it could drive international companies like Google Inc. and Facebook Inc. from the bloc.
In a 215-page report, Parliament member Jan-Philipp Albrecht offered revisions to a privacy proposal the European Commission put forward in January 2012, seeking to replace the bloc's current 1995 directive with a modernized regulation that would apply to all member states uniformly. As things are now, each member state implements the privacy directive individually, through its own national laws.
Attorneys said there...
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