Meta is considering withdrawing from the European market if it is no longer able to exchange data from European users with the United States, following the Schrems II ruling. Mark Zuckerberg's company states in a submission to the American Securities and Exchange Commission (SEC) that it is considering withdrawing from the European market, and everything depends on the Schrems II verdict. In July 2020, the mechanism of transferring personal data of Europeans to America, the so-called "Privacy Shield", was declared non-criminal. The "Privacy Shield", which is in force in Serbia as well, is an... … Read More »