Virginia’s influential, pro-business privacy model; and Amex’s co-branding deals face Dutch scrutiny

MLex Market Insight

With privacy laws now being considered by lawmakers in many of the US’s 50 states, Virginia appears to have become the leading alternative to California — that is, Virginia’s business-friendly privacy laws offering a model in stark contrast with California’s stricter approach to enforcement. Now, the Virginia Consumer Data Protection Act is becoming a blueprint for other state-based privacy legislation, with Utah the most recent jurisdiction to follow the Virginian lead. Also on today’s podcast: Fees charged by credit-card companies are back in the news in Europe. Why the Netherlands’ highest court is reviewing Amex’s co-branding deals and questioning whether they too should be subject to an EU-wide cap on credit-card fees.