EU, U.S. data transfer pact expected by summer, EU Commission says after Meta fine

Morning commute traffic streams past the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc in Mountain View, California, U.S. November 9, 2022. REUTERS/Peter DaSilva

BRUSSELS (Reuters) - The European Commission expects to finalise a data transfer pact with the United States by summer, a spokesman said on Monday after the Irish privacy regulator gave Meta Platforms five months to stop transferring users' data across the Atlantic.

"We expect this data protection framework between the EU and the U.S. to be fully functionable by the summer. This will guarantee stability and legal certainty," a Commission spokesman told a daily news conference.