The European Commission has proposed new regulation on data protection, which is currently being debated in the European Parliament. However, it threatens the commercial interests of big corporations who are currently making millions from collecting and selling our private data.
Big corporation are trying to do everything in their power to water down the new regulation and protect their profits at the expense of our privacy. According to Commission Vice-President Reding, who is responsible for the proposal, it is some of the most aggressive industry lobbying she has ever witnessed.
For further reading: http://www.alter-eu.org/documents/2013/05/the-data-privacy-fight