In an open letter, four big associations from the European Union and the United States have appealed to Barack Obama, Jean-Claude Juncker and Donald Tusk for a comprehensive solution to the legal problem of transatlantic data transfers after the European Court of Justice dismissal of the Safe Harbor agreement. Representatives of BUSINESSEUROPE, DIGITALEUROPE, the US Chamber of Commerce and the Information Technology Industry Council expressed concern that, currently, alternative mechanisms such as model contract clauses and binding corporate rules are in jeopardy. They plead for an immediate solution in order to avoid enormous consequences for innumerable companies and users. The solution should be guided by three objectives: concluding negotiations, providing for a transition period for corporate compliance as well as for a legally durable framework.