Monday, June 2, 2014

European Cloud, EU Regulators, US Tech Companies

Will Marshall: European Regulators Take Aim at U.S. Tech Companies - WSJ.com: "Even as U.S. and European officials negotiate a major free-trade agreement, a new form of protectionism has surfaced across the Atlantic. Some in Europe are pushing for policies that would limit the free flow of data over the Internet. The calls for regulating the Web are also a symptom of a broader problem—a languishing economic partnership between the U.S. and Europe. Most pernicious is the proposal to create a "European cloud," a communications network that would prohibit data from traveling to servers outside the continent. Germany's largest telephone company Deutsche Telekom AG is an outspoken advocate of the idea, ostensibly hoping to quell privacy concerns. This would mark the end of an open, global Internet, which has been an incredible engine of economic growth. In an April report, the U.S. Trade Representative called the concept "draconian" and a way to give a "protectionist advantage" to companies based in the European Union...."

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