EU negotiators wrapped up talks on a major data protection reform last night (15 December) that will tighten privacy laws and determine how companies handle consumers' personal data.

The data protection regulation was hit with thousands of amendments and branded one of the top lobbied draft bills during its four-year stint in the legislative pipeline.

Following the October European Court of Justice decision that knocked down the Safe Harbour data transfer agreement between the EU and US, Europe's tough privacy rules have been under the spotlight.

Technology companies and privacy lawyers are saying the new regulation will make Europe's data protection rules a lot stricter. Current EU privacy legislation stems from the 1995 data protection directive.

Source: Euractiv

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