New Privacy Shield deal high priority but not easy warns Vestager

24/02/2022 | TechCrunch

Margrethe Vestager, Executive Vice President of the European Commission for A Europe Fit for the Digital Age, said yesterday that while reaching a new international data sharing agreement with the US is a high priority for the EU, a replacement is by no means a done deal. A deal has seemed closer in recent weeks, but Ms Vestager's comments suggest otherwise, considering the surveillance overreach of the US and its implications for European citizens' privacy rights. "This is a high priority endeavour to make such an agreement with the Americans," she said during a press conference introducing the draft Data Act. "This is not easy, to say it really understated. Because we take the guidance of course from the court, who ruled on the basis of the Charter of Fundamental Rights which is not something that we can or will change. "So we need to find a way of working with the Americans that is in accordance with this in order of course not to get a negative Schrems III judgment if so be. But it is a priority for us in order to enable the business community to make the most of data but again to do that under safe and clear transparent conditions and this is why we're pushing this."

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