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Olivier Proust, Privacy, Security and Information specialist in Fieldfisher's Brussels office, spoke to Politico recently. He said that, with the EU data protection authorities' potential doubts over the US-EU pact, companies will be feeling nervous as they "have to keep transferring data."
You can read more on Politico Europe: http://www.politico.eu/article/european-enforcers-not-sold-on-privacy-shield/