Data-Sharing Pact Between EU and U.S. Struck Down By Top Court

The video discusses privacy concerns between Europe and the US, focusing on the Privacy Shield agreement that allowed data transfer from the EU to the US. Privacy advocate Max Schrems challenged its effectiveness, leading to its invalidation. The US Commerce Department argued that US data access laws meet EU standards, but the court disagreed. With the invalidation, tech companies like Facebook face challenges in protecting user data. The video suggests that US tech companies may need to reform surveillance laws or relocate operations to Europe.

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