7-24-95. NYPaper: [Denise Caruso's column] "New Microsoft network will offer a wealth of privacy." It seems unthinkable that anything has been left unsaid about the Microsoft Network. And even less has been said about MSN's design, which Microsoft has said complies with the new data-privacy rules that the European Union is expected to adopt in September. The new European policy would set out clear guidelines about the way in which companies -- in this case, Microsoft and its independent content providers -- can collect and use the personal data about their European customers that the companies gather electronically. Microsoft has said it plans to extend the same privacy provisions to its American customers. The European provisions are a striking departure from current practices in the United States, where few restrictions protect consumers from marketeers, who collect and sell consumers' personal information. PEK_boo