This week the European Court of Justice struck down the “Safe Harbor” agreement between the U.S. and the European Union. Peter Swire, the Huang Professor of Law and Ethics at the Georgia Tech Scheller College of Business, said the decision will disrupt the way that many major online companies are able to offer unified services to consumers
Since 2000, the Safe Harbor had been a major mechanism that allowed global companies to transfer information about users from Europe, where there are relatively strict privacy laws, to the United States. Until the new decision, companies that promised to follow the Safe Harbor principles had a lawful basis for moving the data between the E.U. and the U.S.