this post was submitted on 27 Jul 2023
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These concessions are nothing compared to how the EU neutred and went around their own Legislation and The EU High court rulling on The Privacy shield, and the Illegality of Transfers of EU Citizens data to the US
Remember all the fuss about Meta (Facebook , Instagram , Whatsapp) leaving the EU if they can't send users data back to the US. Who did bend at the end ??? The EU.
The issue isn't Meta. In the EU like everywhere else, businesses rely on meta. If Meta exit a market, it has economics consequences and businesses will potentially close. The EU aren't ignorants as we see with the antitrust actions. They will evaluate the risk for the economy before taking a decision.
But, it still is pending. People are fighting each decision on transferring datas to the USA in court. They win the first round. No doubt, they will win the second and make mandatory the storage of datas inside the EU without exceptions.
Meta can fuck themselves and we will be happy to see them exit our market.