Good summary post.
Related info on the following earlier thread:
http://freerepublic.com/focus/f-news/3345317/posts
This may or may not be great for privacy, depending upon resulting new rules.
One things for sure - it’s disruptive as hell for tens of thousands of US businesses that handle EU citizen’s data.
IAPP.org, EFF.org, and EPIC.org will likely have daily updates.
Correction - thousands of companies that handle EU citizen’s data.