There is an information race taking place where one is to have no privacy. They even have many willing to have listening devices in their own homes, sharing the most intimate details of their life. From the U.S. side of things, I was more wondering why the EU passed this as they seem to like spying on their citizens as well. Given the current laws there where speaking the truth can land one in prison now, I find it puzzling they passed this law.

I realized some time back that banks/corporations are the true governments, so the only obvious answer I see is that there is a war taking place for information supremacy and the EU is trying to buy a little more time by making it slightly more difficult for outsiders (of the EU) to collect data. I am guessing top corporations there will get somewhat of a blind eye given to their collection and sharing practices. Not all laws are administered equally.