Top EU court says U.S.-EU data transfer deal is invalid

By Julia Fioretti and Michele Sinner BRUSSELS/LUXEMBOURG (Reuters) - A system enabling data transfers from the European Union to the United States by thousands of companies is invalid, the highest European Union court said on Tuesday in a landmark ruling that will leave firms scrambling to find alternative measures. "The Court of Justice declares that the Commission’s U.S. Safe Harbor Decision is invalid," it said in a statement. The decision could sound the death knell for the Safe Harbor