Last Thursday morning, several hundred guests from the business community straddling the Atlantic, the diplomatic corps and the political establishment gathered at the US ambassador’s residence in Dublin’s Phoenix Park for a US-Ireland Economic Summit celebrating 100 years of trade and investment between the two nations. Then their phones beeped with a news alert.  The Data Protection Commission (DPC) had just imposed a €310 million fine on LinkedIn, a subsidiary of Microsoft, one of the largest taxpayers and private employers in Ireland. It resulted from a complaint for GDPR violations in the use of personal data for targeted advertising initiated…

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