(Bloomberg) -- A trans-Atlantic pact that potentially allows U.S. spies to get their hands on European citizens’ private data was declared illegal by the EU’s highest court, in a ruling that threatens to plunge Internet companies into a legal limbo.
Judges at the European Union’s top court struck down the so-called safe-harbor accord after an Austrian law student complained about how U.S. security services can gain unfettered access to Facebook Inc. customer information sent to the U.S.
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