Washington – Business Roundtable today applauded the adoption of the EU-U.S. Data Privacy Framework adequacy decision by the European Commission.
“Transatlantic data flows are vital to EU and U.S. business operations, and today’s decision provides long-awaited certainty for companies on both sides of the Atlantic,” said Business Roundtable CEO Joshua Bolten. “U.S. businesses with a global presence depend on cross-border data flows to innovate and grow, which contributes to economic growth and job creation here at home. This deal is a win for European and American companies, workers and consumers, and we thank the EU and U.S. governments for resolving this important issue.”