Most economic activity today depends on data, much of it gathered and analyzed across borders. And yet the European and American policymakers now deciding the rules on how data should be exchanged and stored are focusing more on privacy considerations and national-security concerns than on efficiency and innovation.
LONDON – Relations between the United States and Europe are already strained over issues such as taxation, trade, and climate change – not to mention US President Donald Trump’s general unpredictability. But they are about to become even rockier, owing not to populist forces in the US and Europe, but rather to the rapidly expanding flow of data between the two jurisdictions.
LONDON – Relations between the United States and Europe are already strained over issues such as taxation, trade, and climate change – not to mention US President Donald Trump’s general unpredictability. But they are about to become even rockier, owing not to populist forces in the US and Europe, but rather to the rapidly expanding flow of data between the two jurisdictions.