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Isn't this slightly related to GDPR?

GDPR, in a way, might also slow down the US from listening to EU members, for example when related to industrial espionage...

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I wonder if we're heading to a world where any company who wants to run internationally needs to keep all US-citizen data on US servers, and EU-citizen data on EU servers?

Currently it doesn't look like holding US-citizen data on EU servers will be a problem anytime soon. But if the EU decides that the protections for their citizens provided by the "privacy-shield" agreement are not good enough then it would mean US companies could not hold or control EU-resident's data.

https://www.ftc.gov/tips-advice/business-center/privacy-and-...

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