Quote from article: ---- Practical Impact: More privacy for EU consumers, massive issues for certain US business. If the Court follows today’s opinion to have

Quote from article: ---- Practical Impact: More privacy for EU consumers, massive issues for certain US business. If the Court follows today’s opinion to have a “targeted approach”, there would be no impact on most EU data transfers. EU data protection authorities may however stop transfers to US companies that fall under FISA 702 (“electronic communication service providers”). This includes companies like Facebook, Google, Microsoft, Amazon Web Services or Yahoo. Schrems: “Everyone will still be able to have all necessary data flows with the US, like sending emails or booking a hotel in the US. Some EU businesses may not be able to use certain US providers for outsourcing anymore, because US surveillance laws requires these companies to disclose data to the NSA. This is also an economic problem for the US, because foreign revenue will go elsewhere. It is really upon the United States to ensure baseline privacy protections for foreigners. Otherwise no one will trust US companies with their data.” ---- No end to US-EU data clash. The case itself cannot overcome the deeper clash of EU and US law. Schrems: “In the long term I hope that the US legislator will come to realize that no foreign customer will trust US industry, if there are no solid privacy protection in the US. You can’t say ‘trust us with all your data, but actually you have no rights’.” The US has similar concerns over Chinese 5G hardware from Huawei or apps like TikTok. ----