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How the EU’s New Foreign Subsidies Regulation May Impact Cross-Border Acquisitions by U.S. Companies

American companies and others outside the European Union (EU) pursuing large M&A transactions and public tenders in the EU’s single market must now comply with a new regulation. Effective July 12, 2023, the Foreign Subsidies...more

Data Privacy + Cybersecurity Insider - July 2023 - #2

CYBERSECURITY - Patch Adobe ColdFusion Vulnerabilities Being Exploited in the Wild ASAP - Adobe has issued alerts on three vulnerabilities affecting its ColdFusion product. The first alert, issued on July 11, 2023,...more

European Commission Adopts EU-U.S. Data Privacy Framework

On July 10, the European Commission (EC) published its data adequacy decision for the new EU-U.S. Data Privacy Framework (EU-U.S. DPF).  This means that companies can transfer personal data from EU countries and from Iceland,...more

Biden’s Executive Order Implementing New EU-U.S. Data Privacy Framework to Replace Privacy Shield

President Biden recently signed an executive order establishing the implementation of the new EU-U.S. Data Privacy Framework, which would provide for the possibility of the lawful transfer of personal data from the European...more

Twitter fined $546,000 in December 2020 by European Data Protection Authority for 2019 Breach Notification Violations

The Irish Data Protection Commission (DPC) fined Twitter 450,000 euros (about US$546,000) for failing to timely notify the Irish DPC within the required 72 hours of discovering a Q4 2018 breach involving a bug in its Android...more

EU-US Transatlantic Data Flows Subject to Further Legal Challenge

Last week, the High Court of Ireland submitted eleven questions to the Court of Justice for the European Union (CJEU) to consider about the personal data transfer regime between the European Union (EU) and the United States....more

Big Data and Antitrust: Rethinking Competition Law in the Data Economy

As we approach calendar year end, traditionally the busiest period of the year for mergers and acquisitions, it is worth revisiting whether our existing competition law framework can and does properly assess the market power...more

EU-Japan’s Major Trade Pact Includes Agreement to Review Restrictions on Personal Data Flows Between The European Union and Japan

Japan and the European Union announced an agreement in principle on major components of a substantial free trade deal on the eve of the recent G20 summit in Hamburg. This free trade deal rivals NAFTA in scope and impact, as...more

GPDR Effective Date and Geographical Scope of Application

The GDPR will apply as of May 25, 2018. It provides a single set of very innovative rules directly applicable in the entire European Union (EU), without the need for national implementing measures—which means that any...more

Global Privacy and Data Security in 2016 and 2017

In 2016, new privacy, cybersecurity and/or data security legislation passed or became effective in a number of countries, some adopting data security measures for the first time. Several countries adopted cybersecurity...more

Update on the Privacy Shield

Last July, the United States and the European Union agreed on a new framework to allow for the transfer of Europeans’ personal data to the United States. This new framework, known as Privacy Shield, replaced the Safe Harbor...more

EU-US Privacy Shield for transatlantic data transfers finalized

Transfers of personal data from most European countries to the US have been exposed to legal attack since October 2015, when privacy campaigner Max Schrems successfully sued the Irish authorities over data transfers made by...more

Update on the U.S.- EU Privacy Shield

As we previously reported, this February, United States (U.S.) and European Union (EU) negotiators announced the “U.S.-EU Privacy Shield” as a replacement to the U.S. Safe Harbor. Many U.S. companies relied on the Safe Harbor...more

Council of European Union and the European Parliament approve General Data Protection Regulation; U.S. Privacy Shield faces...

The General Data Protection Regulation (GDPR) was recently approved by the 28 member states of the Council of European Union. By plenary vote, the European Parliament approved GDPR on April 14. The GDPR will take effect...more

What European Union privacy reform means for U.S. Companies

The European Union (EU) General Data Protection Regulation (GDPR) is one step closer to replacing the EU’s 1995 data privacy directive, known as 95/46/EU. In late June, the Council of Ministers from the EU member states...more

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