Facebook owner Meta fined $1.3 billion
Facebook proprietor Meta has been fined a record1.2 billion euros ($1.3 billion) for handing over data on European Union druggies to the United States.
On Monday, the Ireland-grounded Data Protection Commission(DPC), which acts on behalf of the European
Union, said the European Data Protection Board(EDPB) had ordered the collection
of executive forfeitures.
With respect to the fines,
Meta says, they have been isolated. They are disappointed. The judgment is
defective and unjustly rendered. It sets a terrible precedent for countless
other companies.
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Meta Global Affairs President
Nick Clegg and Chief Legal Officer Jennifer Newstead said in a blog post that
they will appeal the fine.
This is the biggest fine under
the Overall Information Assurance Guideline. In 2021, Amazon was fined 746
million euros ($807 million) in Luxembourg.
Earlier, DPC fined Facebook
$390 million in January. Facebook forced its users to allow ads to appear,
which violated European Union privacy laws. Basically, Facebook shows relevant
ads to users by tracking their online activities.
Source: New York Times.
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