U.S.-E.U. Data Privacy Deal Near

Duckie01 writes: "There's an interesting report about a deal being made between the European Union and the U.S. concerning companies collecting customer information on the Web. Right now privacy protection under EU laws is much stricter than under U.S. laws. With this 'Safe Harbor' deal, companies that choose to comply are to police themselves. Can you say 'sellout' and 'conflict of interest'?" In other words, says EPIC, "the fox guarding the hens." The pact must still be approved by the European Parliament.