A new Future of Privacy Forum (FPF) study documents that more than 150 European companies are active Safe Harbor participants. While European policy-makers have been calling for an end to the Safe Harbor program, citing noncompliance by U.S. companies, the FPF study concludes that terminating the program would negatively impact not only U.S. companies but EU companies as well. “Safe Harbor provides benefits to many top European companies and particular protection to their EU customers,” FPF Co-Chair Jules Polonetsky, CIPP/US, told the Daily Dashboard. “The debate has often been about U.S. companies—and certainly they are the bulk of participants—but many of the leading European companies would be significantly impacted if they couldn’t rely on the Safe Harbor for their U.S. subsidiaries.”
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