U.S. Companies Slow to Agree to New EU Data-Transfer Pact

U.S. companies have been slow to sign on to a new international data-transfer agreement with the European Union for reasons that include uncertainty that the terms will survive legal tests in the EU, experts said. The agreement, called Privacy Shield, allows businesses to transfer personal data on European citizens to the U.S. About 40 companies have been certified under the new rules since Aug. 1, when the U.S. Department of Commerce began accepting applications, the agency said.