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In July 2020, the Court of Justice of the European Union (CJEU)1 issued the Schrems II judgment (C-311/18)2 invalidating the European Commission's (EC’s) decision (2016/1250) on the adequacy of the data protection provided by the EU-US Privacy Shield.3 But equally important, this judgment more broadly defined the impact of data transfers4 on third countries cited in the GDPR.5 This will profoundly impact commercial and contractual solutions and obligations. You need to act now to avoid regulatory and commercial issues.


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