Last Wednesday, the European Commission unveiled the changes to its data privacy laws. If the changes are adopted, companies will deal with a single, national data-protection authority in the EU country in which they have their main base. Individuals can tender complaints to the data-protection authority in their own country even when their data is processed by a company based outside the EU. Companies that break the rules would face fines from strengthened national regulators. The fine could be as much as 2% of annual global revenue.

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