Meta to Face Record EU Privacy Fine Over Facebook Data Transfer to US

Meta Platforms Inc is about to face a document European Union privateness wonderful associated to knowledge switch of Facebook’s EU customers to U.S. servers for failing to adjust to a warning by a high EU courtroom, two sources acquainted with the matter mentioned.

The penalty will probably be greater than the earlier document 746 million euros ($821.20 million) wonderful for Amazon.com Inc, in line with the sources.

Meta declined to remark, whereas the Irish Data Protection Commission (DPC) and the European Commission didn’t instantly reply to Reuters’ requests for remark.

EU regulators led by Ireland’s Data Protection Commissioner Helen Dixon have been finalising a ban on the authorized device utilized by Facebook to switch European person knowledge due to issues U.S. intelligence companies might entry the knowledge.

In April, they mentioned the Irish DPC had one month to make an order blocking Facebook’s transatlantic knowledge flows. The ban might be in place by mid-May.

Europe’s highest courtroom dominated in 2020 that an EU-U.S. knowledge switch settlement was invalid, citing surveillance issues.

Meta final 12 months warned that an order to ban the mechanism it makes use of to switch knowledge from Europe to the United States might pressure it to droop Facebook providers in Europe.

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(This story has not been edited by News18 workers and is printed from a syndicated news company feed – Reuters)