Some have made that argument, but EU companies are also subject to disclosure laws. E.g. Regulation of Investigative Powers Act (RIPA) in the UK. So it is unclear whether this would affect anything.
That said, one of the objections that caused the Data Retention Directive to fall in the EU courts was privacy considerations, so who knows. To find out we'll need a lawsuit.
That said, one of the objections that caused the Data Retention Directive to fall in the EU courts was privacy considerations, so who knows. To find out we'll need a lawsuit.