Social Networks Face Stricter Privacy Laws in the EU

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Social networks and other websites could be facing much tougher privacy laws in the EU. The data protection laws may get an overhaul to make them more relevant to today's world and may especially target social networks and advertising companies.

Viviane Reding, the EU’s justice commissioner, reiterated her support for newer laws and regulations and said companies should obey the EU privacy laws regardless of where they're located, if they want to operate in Europe.

"Privacy standards for European citizens should apply independently of the area of the world in which their data is being processed," she said in a speech.

"A US-based social network company that has millions of active users in Europe needs to comply with EU rules," she added

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