Even as the EU sets a new standard on digital privacy, it is playing catch-up with the US in preventing bribery of its firms overseas. Together, the US and EU can raise anti-corruption standards.
Bythe Monitor's Editorial Board
One of the healthy competitions between Europe and the United States is over which one can set a new global standard. On May 25, the European Union began to win on one standard – digital privacy – with the start of stiff rules on how companies handle personal data. The impact, though limited to firms operating in Europe, is being felt globally.