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Index – Tech-Science – Facebook could get a huge fine

Index – Tech-Science – Facebook could get a huge fine

Facebook was fined more than 746 million euros (280 billion HUF) and ordered to suspend data transfers to the United States. Watchman.

The fine, first reported by Bloomberg, would be a record breach of the European Union’s General Data Protection Regulation (GDPR) and surpass the €746m fine that Luxembourg imposed on Amazon in 2021.

The Irish Data Protection Commission’s decision is expected to end the transfer of data of Facebook users in Europe to the United States. However, the decision will not take effect immediately, as Meta is expected to be given a grace period to make changes in accordance with the decision. The suspension is therefore expected to be delayed until the fall, when the company can appeal the decision.

Johnny Ryan, a senior fellow at the Irish Council for Civil Liberties, which campaigns for stricter protection of internet users’ data, believes a fine of more than 746 million euros will not be enough if Facebook does not fundamentally change its business model based on user data. .

A billion euro parking ticket means nothing to a company that makes billions of dollars more from illegal parking

said Ryan.

Since September 2021, the Irish Data Protection Commission has fined Meta, which also owns Instagram and WhatsApp, nearly €1 billion. It also regulates Apple, Google, TikTok and other platforms which have their headquarters in the European Union in Ireland.

In November last year, Meta was fined 265 million euros (99 billion forints) by the commission after publishing the data of more than 500 million users online for violating the law.