Meta fined 1.3 bln American dollars
Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five months to stop transferring users’ data to the United States https://t.co/2ngOnYw4Xn pic.twitter.com/tX4bMPDf4f
- Reuters Legal (@ReutersLegal) May 22, 2023
- Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead European Union privacy regulator over its handling of user information;
- The fine, imposed by Ireland's Data Protection Commissioner (DPC), came after Meta continued to transfer data beyond a 2020 EU court ruling that invalidated an EU-U.S. data transfer pact;
- Meta said in a statement that it will appeal the ruling, including the "unjustified and unnecessary fine that "sets a dangerous precedent for countless other companies." It will also seek a stay of the suspension orders through the courts;
- The DPC said that it did not initially propose adding a fine to the suspension order, but that four other EU supervising authorities disagreed and the record fine was included after a ruling by the European Data Protection Board (EDPB).
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