Facebook studying EU court ruling on data transfer

LONDON (Reuters) - Facebook said on Thursday it was looking at the implications of a European court ruling that deemed a transatlantic data transfer deal invalid because of concerns about U.S. surveillance.

The ruling effectively ends the privileged access companies in the United States had to personal data from Europe and puts the country on a similar footing to other nations outside the 27-country bloc.

"Like many businesses, we are carefully considering the findings and implications of the decision of the Court of Justice in relation to the use of Privacy Shield and we look forward to regulatory guidance in this regard," Eva Nagle, associate general counsel at Facebook, said in a statement.

"We will ensure that our advertisers, customers and partners can continue to enjoy Facebook services while keeping their data safe and secure," she added.

(Editing by Keith Weir; editing by Jason Neely)