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Data Gridlock Averted as U.K. Privacy Rules Set for EU Nod

  • EU commission announcement paves way for ‘adequacy decisions’
  • EU readies measures in case of any ‘problematic development’
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European Union regulators gave their blessing to data-sharing arrangements with the U.K., rescuing businesses from a potential gridlock when a post-Brexit stop-gap comes to an end.

The European Commission, the EU’s executive arm, said Friday it started the process of adopting a pair of so-called adequacy decisions endorsing U.K. privacy protections. The measures, which still need the approval of EU governments, would allow companies to continue shipping data between the U.K. and the now 27-nation bloc.