https://www.uschamber.com/global-regulatory-cooperation

Global Regulatory Cooperation

The U.S. Chamber of Commerce’s Center for Global Regulatory Cooperation (GRC) seeks to align trade, regulatory, and competition policy in support of open and competitive markets.

Recent Activity

Press ReleaseFeb 05, 2021 - 12:00pm

U.S. Chamber Calls for More Resources for Antitrust Agencies

U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley issued the following statement in response to Sen. Klobuchar’s introduction of antitrust legislation: "We look forward to engaging with Sen. Klobuchar on her proposed changes to antitrust laws. The antitrust laws have served American consumers and its economy well. Changing the legal standards for merger review, deciding who a company can do business with, relying on fines over remedies to restore competition, and expanding private litigation will not make America’s economy more vibrant and will have far-reaching implications impacting virtually every sector of our economy. "We urge Congress to be especially mindful of the impact of changes in our antitrust laws and to focus on ensuring federal antitrust agencies have the resources to do their job consistent with the law."

ReportDec 30, 2020 - 6:00am

USJBC - 57th Japan Business Conference - Regulatory Coherence

Reducing Market Fragmentation through Enhanced International Regulatory Coherence

In the aftermath of the financial crisis of 2008, regulatory reforms to strengthen the financial system were critical in enhancing market transparency and restoring confidence in global financial institutions. While the regulatory reforms have been generally supportive of international regulatory coherence, unwarranted market fragmentation remains, which has led to inefficient markets and higher transaction costs. This paper provides an overview of reports presenting thoughtful insights and recommendations for reducing fragmentation.

CommentDec 18, 2020 - 4:15pm

Comments on the European Data Protection Board’s Recommendations on Measures that Supplement Transfer Tools to Ensure Compliance with EU Level of Protection of Personal Data

The continued flow of personal information from Europe is essential to Europe’s competitiveness and connectivity to the global economy, as well as to research that is critical to fighting and recovering from the current pandemic.

CommentDec 10, 2020 - 5:00pm

Response to the UK's National Data Strategy

The Chamber's U.S.-UK Business Council recently submitted comments in response to the UK Government's consultation on its proposed National Data Strategy.

CommentOct 02, 2020 - 9:45am

Comments on EU Security of Network and Information Systems

The U.S. Chamber of Commerce welcomes the opportunity to provide comments on the European Commission’s (“Commission” consultation of the revision of the Directive (EU) 2016/1148 concerning measures for a common, high-level of security of network and information systems across the Union (“NIS Directive” or “the Directive”) aimed at fulfilling the Commission’s

CommentSep 30, 2020 - 1:00pm

Chamber Leads Association Effort Urging U.S. Government to Engage European Privacy Regulators

In its Schrems II ruling, the European Court of Justice empowered EU data protection authorities (DPAs) to review companies' standard contractual clauses for transfers to non-adequate jurisdictions (i.e., the U.S.) and to invalidate them when protections are not "essentially equivalent."

CommentSep 09, 2020 - 4:00pm

Comments on the European Commission’s Consultations on the Digital Services Act and a Possible New Competition Tool

As the Commission considers updates and revisions to its digital regulatory framework, the Chamber recognizes and appreciates policymakers’ emphasis on deepening and strengthening the fundamentals of the European digital economy.

CommentJul 31, 2020 - 12:00pm

Joint Association Letter to U.S. and EU Policymakers on Privacy Shield

The Chamber joined a multi association letter addressed to the European Commission, U.S. Department of Commerce, and the European Data Protection Board to urge policymakers and government stakeholders on both sides of the Atlantic to begin immediate negotiations on a successor agreement that provides a solid legal framework to avoid trade disruptions to EU-U.S. data flows.

CommentJul 17, 2020 - 12:00pm

Multi-Association Letter Responding to Schrems II

In response to the European Court of Justice's ruling to invalidate the EU-U.S. Privacy Shield, the Chamber coordinated and sent a multi-association letter to U.S. Secretary of Commerce, Wilbur Ross, encouraging the U.S.

Press ReleaseJul 16, 2020 - 7:30am

U.S. Chamber Encourages Updates to Privacy Shield to Support Transatlantic Data Flows

U.S. Chamber of Commerce Executive Vice President and Head of International Affairs Myron Brilliant today issued the following statement on the European Court of Justice’s decision in Data Protection Commissioner v Facebook Ireland, Maximillian Schrems (“Schrems II”).