Meta is expected to face an European Union privacy fine for failing to comply with a top EU court’s warning on data transfer of Facebook’s EU users to US servers.
According to Reuters, the fine will be greater than Amazon’s previous record fine of 746 million euros ($821.20 million).
Because of worries that U.S. spy agencies could acquire the information, EU regulators led by Ireland’s Data Protection Commissioner Helen Dixon are finalising a ban on the legal instrument used by Facebook to transfer European user data.
They stated in April that the Irish DPC had one month to issue an injunction prohibiting Facebook’s transatlantic data flows. The prohibition might go into effect by mid-May.
In 2020, Europe’s highest court declared that an EU-US data-sharing deal was unlawful, citing worries about spying.
Last year, Meta warned that a court order prohibiting the mechanism it employs to transmit data from Europe to the US could force it to cease Facebook services in Europe.
Leave a Reply