Executive summary -
In a repeat move echoing the previous invalidation of the “Safe Harbor”, on 16th July 2020 the Court of Justice of the European Union (“CJEU”) invalidated the “Privacy Shield”, which had allowed the transfer of data between the EU and U.S. by American companies adhering to its data protection principles. This “Privacy Shield” had been approved by the European Commission in 2016 as a replacement of the “Safe Harbor” policy.
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