Facebook may shut down in EU without new data-transfer agreement
AxiosAUG 2022
The Spin
Narrative A
Meta is attempting to blackmail the EU into lowering its data protection standards. The company has spent too long benefiting from intrusive surveillance practices.
Narrative B
Meta is simply stating the reality that without the ability to share data between the US and EU, they cannot legally provide their services. The pressure is now on lawmakers to find a solution and alleviate the threat to businesses.