Update: EU executive, US strikes transatlantic data transfer pact
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[BRUSSELS] The European Commission said on Tuesday that it had struck a deal with the United States on a new transatlantic data transfer pact to prevent EU regulators from restricting data transfers by firms.
"We have a deal," Commission spokesman Christian Wigand said on Twitter.
Earlier on Tuesday, sources told Reuters that the two sides were close to an agreement.
REUTERS
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