New Trans-Atlantic Data Privacy Framework Largely a Copy of “Privacy Shield” (opens in new tab)

> Unfortunately, our "solution" is to create regulations which cause so much disadvantage to European tech companies, that we will see our citizens use even more US built tools in the future.

What is the "disadvantage" to European tech companies who don't want to spy on anyone? What advantage do Europeans who don't want to be spied on gain by using US services that will spy on them instead of using European ones that couldn't spy on them as easily/completely due to pro-privacy laws?

It's not like having fewer regulations in tech would be an instant panacea. The bigger reasons for US dominance are the larger capital and consumer market - both still fragmented in the EU. Add on top of that a more flexible labour market in the US (someone from California is more likely to work in New York than someone from Lithuania to work in Portugal). Regulations do matter but there's so many other things that make it harder in Europe.

EU regulations are not a monolith of good or bad. The cookie law is dumb beyond comprehension. On the other side GDPR is just great and I have yet to hear a good argument against it. The criticisms usually sound like listening to creationists talk about how silly evolution is (by that I mean they don't understand it).

The only way I see Europe develop it's own internet tech and big businesses, is to copy what China did by simply blocking the foreign competition. Today there would be no Weibo, Baidu, Alibaba or Aliexpress without it. And I don't see a problem in that approach, but wouldn't mind being educated otherwise.

Edit: I wish at least some of the people downvoting would have the intellect to form a paragraph of counter arguments, so I could understand why. It's like a sports event in here.

The Chinese succesfully kept the Americans out so it's totally doable.

I think it's more EU tech protectionism. Basically the law is saying, "you can't use US tech services." So this creates a local market for EU tech services. There's probably an argument between capitalists in the EU who want to develop that market (while complying with EU privacy regulations) and security people in the EU/US who want to continue to use tech to facilitate mass surveillance.

Trying to guess who will win out is interesting. The privacy vs. surveillance discussion always feels one crisis away from tipping to surveillance (see: 9/11), but the EU privacy lobby is remarkably strong. I also think a market for tech services that don't spy on you is probably pretty huge; by itself it's not a big selling point, but contrasted against services that definitely spy on you (not to mention net neutrality concerns) they look pretty good, plus being able to tap the EU market is a huge incentive. So--no jinx--I think I'm bullish on privacy here, because it seems likely an unholy alliance of capitalists and privacy advocates would be decisive.

Unfortunately, yes. The Commission is playing dumb and hoping we’ll get tired before they do.

Yeah, looks like this will be valid for just as long as it takes Schrems to drag it through the courts.

Again.