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Eu Privacy Reform: Who Pays When The Rules Are Broken?


Ron Burgundy
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By Julia Fioretti BRUSSELS (Reuters) - New European Union data protection rules expected to be agreed on Monday will allow citizens to sue companies that own data as well as those that process it on their behalf, for example cloud computing providers. The new system is opposed by companies such as Germany's SAP SE, International Business Machines Corp, Cisco Systems Inc and Amazon.com Inc who say it will kill off Europe's cloud computing industry, as well as introduce uncertainty in business to business relations. EU officials say the issue has been the subject of fierce lobbying from companies, who warn it could hamper the creation of a unified market in digital services, a key plank of the European Commission's agenda to boost economic growth in the 28-nation EU.

 

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