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Brexit Could Bring Data Restrictions to U.K. Firms

The U.K. could wind up in the same position as U.S. tech firms. 

European Commission’s Berlaymont Building As Brexit Negotiation Patience Frays
Photographer: Geert Vanden Wijngaert/Bloomberg

Hey all, it’s Natalia in Brussels. While the U.S. gears up for the most contentious presidential election in memory, the European Union is facing a different kind of political maelstrom. British Prime Minister Boris Johnson theatrically threatened to walk out of Brexit trade negotiations earlier this month, before agreeing to a resumption last week. Now, the talks have been extended until mid-November as the two sides race to preserve relatively free trade between the U.K. and EU ahead of Dec. 31, when Britain leaves the bloc's single market.

It’s not just the flow of goods that will be impacted by Britain’s exit. The move could also have a major impact on the flow of data.