Third Time’s the Charm? “Privacy Shield 2.0” Emerges as EU Approves New Data Transfer Deal with the United States

Nearly three years after the European Union’s (“EU”) high court struck down the EU-U.S. Privacy Shield Framework, the European Commission (the “Commission” or “EC”) adopted an adequacy decision for the EU-U.S. Data Privacy Framework (the “Data Privacy Framework”) on July 10, 2023, stating that the United States ensures a level of data protection equivalent to that of the EU. The decision effectively allows for the safe transfer of personal data from the EU to U.S. companies participating in the…
By: Foley & Lardner LLP