Meta’s Vice President of Public Policy in Europe, Markus Reinisch, said Meta did not “threaten” to leave Europe.
“We have absolutely no desire to withdraw from Europe; of course, we don’t,” Reinisch said.
“Meta is not wanting or “threatening” to leave Europe, and any reporting that implies we do is simply not true,” Reinisch added.
Reinisch, on Meta’s website, explained that the “continuing uncertainty over EU-US data transfers mechanisms poses a threat” to their ability to serve and “operate the business in Europe.”
European Union regulators have for months been stuck in negotiations with the U.S. to replace a transatlantic data transfer pact that thousands of companies rely on, but which got struck down by the E.U. Court of Justice in 2020 over fears citizens’ data isn’t safe once shipped to the U.S.
The European Commission said data transfer negotiations with Washington have intensified, but they “take time given also the complexity of the issues discussed and the need to strike a balance between privacy and national security,” a commission spokesperson wrote in a statement to Bloomberg on Monday.
“Only an arrangement that is fully compliant with the requirements set by the E.U. court can deliver the stability, and legal certainty stakeholders expect on both sides of the Atlantic,” the spokesperson added.
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