Amazon, Alphabet's Google, Microsoft and other non-European Union cloud service providers looking to secure an EU cybersecurity label to handle sensitive data can only do so via a joint venture with an EU-based company, according to an EU draft document seen by Reuters.

source https://www.gadgets360.com/internet/news/eu-draft-proposal-tougher-cybersecurity-rules-amazon-google-microsoft-4020992#rss-gadgets-all