Its predecessor, Safe Harbour, took ten years to have 4,000 companies signed up. PS has around half that number in less than a year. No complaints have been taken to the “Arbitration Panel”, suggesting that any issues that have arisen, have been settled between the PS certified company and the complainant.
John reinforced the economic value of transatlantic data flows and urged all parties to take a positive stance in the forthcoming first annual review. Schrems and others painted a more negative picture of the PS a indication perhaps that some will attempt to use the review process to undermine the PS. EC director Nemitz urged business to make the case that PS was good for fundamental rights not just for delivering economic benefit.
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