Tags: European Union

European Union have reached an agreement over the Data Protection Law and its implementation have a great impact on the industries that offers services in Europe.

It was an agreement born from a fear of failure, delivered by the smoothness of French diplomacy. Six years earlier, countries had bitterly walked away from global climate talks in Copenhagen without a deal.

Austrian student Max Schrems's attempt to bring a class-action lawsuit against Facebook (FB.O) over its privacy policies will head to Austria's Supreme Court to determine whether such collective legal action is allowed, his group said on Monday.