Financial Times reports on potential tensions as the EU and U.S. consider privacy regulations for businesses. EU reforms may be welcomed by individuals, but "they impose a cost on business and do not always sit easily alongside other legislation designed to protect the public," the report states. One such example is the friction between the EU and U.S. over the USA PATRIOT Act. A Deloitte representative said if there is a "clash" between the entities, "it will come down to whose stick is bigger, and that may be the U.S. government," adding, "It is only going to get worse with the new, wider-reaching EU regulations that are being drafted." (Registration may be required to access this story.)
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