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European Economic Area
noun
- a free-trade area created in 1994 by an agreement between the European Free Trade Association (EFTA), excluding Switzerland, and the European Union (EU) EEA
Example Sentences
The subscription model is exclusive to people in the EU, European Economic Area and Switzerland, and is not available in the UK.
The fees apply to less than 2% of UK card payments - cardholders in the European economic area buying online from a UK seller - "and reflect the fact that these transactions are more complex and carry far greater risk of fraud," they added.
The European data regulator has agreed to extend a ban imposed by non-EU member Norway on "behavioural advertising" on Facebook and Instagram to cover all 30 countries in the European Union and the European Economic Area, it said on Wednesday.
The subscription tier will be exclusive to people in the EU, European Economic Area and Switzerland from November.
The spokesperson added that the company already announced plans to shift all users in European Union and European Economic Area to consent law under Europe’s General Data Protection Regulation.
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