Dutch Agency Hits Uber With Near-Record $324 Million GDPR Fine

The Netherlands' privacy watchdog says the ride-hailing giant sent European drivers' personal data to its San Francisco headquarters without putting in place a proper legal transfer mechanism.

By Linda A. Thompson | August 26, 2024 at 04:13 PM

The Netherlands' privacy watchdog has imposed a €290 million (US$324 million) General Data Protection Regulation (GDPR) fine on Uber, one of the largest privacy fines to date.

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Linda A. Thompson is the Brussels-based correspondent for Law.com International. She writes about legal and regulatory issues related to the EU and the European Commission, as well as about lawyers and legal issues in Belgium, Luxembourg and The Netherlands. Her coverage includes the business of law at global and domestic law firms and in-house legal departments. and the impact of regulatory decisions on law firms and global companies. She can be reached at [email protected].

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Fed’s Focus Has Returned Firmly to Inflation

By Craig Torres | December 19, 2024

Policymakers don’t expect to reach their 2% inflation goal until 2027, so “from here on out, it is going to be much harder to get rate cuts without much further improvement on inflation.”

Fed’s Focus Has Returned Firmly to Inflation

Fed Lowers Interest Rates by a Quarter Point

By Amara Omeokwe | December 18, 2024

However, officials reduced their expected number of rate cuts for next year from four to two.

Fed Lowers Interest Rates by a Quarter Point

U.S.–Euro Rates Gap Is Set to Widen Again

By Catarina Saraiva | December 16, 2024

In his first term, Trump bashed the Fed for allowing higher interest rates in the U.S. vs. Europe to drive up the dollar and hurt exports. Next year will likely bring more of the same, as the U.S. economy remains considerably stronger, meaning rates here will likely fall more slowly than in the Eurozone.

U.S.–Euro Rates Gap Is Set to Widen Again

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