EU Commissioner for Justice, Consumers, and Gender Equality Věra Jourová and U.S. Secretary of Commerce Wilbur Ross released a statement on the annual joint review of the EU-U.S. Privacy Shield agreement. “EU and U.S. officials both stressed the need for strong and credible enforcement of privacy rules to protect our citizens and ensure trust in the digital economy,” the statement reads. “As provided for in the Framework, the Department of Commerce will revoke the certification of companies that do not comply with Privacy Shield's vigorous data protection requirements.” The European Commission plans to publish a report on Privacy Shield following the review. U.S. Federal Trade Commission Chairman Joseph Simons touted the agency’s enforcement actions in his statements on the review.
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