Open figure viewer
Significance
The Framework’s adoption would be facilitated by the possible passage in the United States of a long-awaited federal consumer privacy law. European data protection authorities have recently banned data transfers covered under standard contractual clauses (SCCs).
Impacts
The Irish data protection authority’s decision on Meta’s data transfers will have a substantive impact on Meta’s European operations.
New complications may arise with the European Commission’s Data Act proposed on February 23.
The use of a US executive order to enforce the TADP Framework will make the pact hostage to electoral shifts.
Keywords:
EU,
Europe,
United States,
EUR,
NA,
EU/US,
economy,
industry,
computers,
corporate,
legislation,
regulation,
technology
© Oxford Analytica 2022. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2022
You do not currently have access to this content.
