Apr 042011
 
 April 4, 2011  Posted by  Business, Misc

Nathan Newman writes:

This probably will give the Tea Party types a heart attack but European privacy law has come to America via the FTC order last week.

One key part of the order imposed on Google was the FTC’s press statement that:

this is the first time the FTC has alleged violations of the substantive privacy requirements of the U.S.-EU Safe Harbor Framework, which provides a method for U.S. companies to transfer personal data lawfully from the European Union to the United States.

What makes this significant is that for Internet companies operating globally, including in Europe — and that means almost all the major companies — the FTC has established the precedent of applying European Union principles on privacy via the U.S.-EU Safe Harbor Framework.

Read more on Huffington Post.

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