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“WSJ”: Facebook with a powerful penalty from the EU.  Meta is to pay $1.3 billion.  “Decision on Monday”

“WSJ”: Facebook with a powerful penalty from the EU. Meta is to pay $1.3 billion. “Decision on Monday”

The Wall Street Journal reports that Meta, which owns Facebook, will have to pay $1.3 billion. penalties. The European Union was to impose it for sending data on European users to the US.

According to the Wall Street Journal, the amount of the fine is record-breaking. The previous highest amount was EUR 746 million. According to the EU, Meta violates EU regulations. User data is transferred to the headquarters in the USA. And this is supposed to be inconsistent with the GDPR directive.

The daily reports that the European Union will announce its decision on Monday. The ruling is intended to put pressure on the United States to finalize a deal that would allow Meta and thousands of multinational companies to continue sending such information to the US.

Facebook with another penalty. The European Union is targeting the GDPR

The Irish Data Protection Commission is behind the decision. The fact that the penalty imposed on the owner of Facebook will be a record one was already written a week ago by the Bloomberg agency. Journalists then determined that Mark Zuckerberg would face a fine greater than that imposed on Amazon. $805 million (or EUR 746 million) was also imposed as a result of allegations of violation of the GDPR.

Facebook has already been punished for breaking the directive, but to a much lesser extent. In 2022, the EU imposed $18.6 million on the company. fines for failing to adequately protect user data. Another fine of $275 million was related to charges of violating privacy rules. Previously, Meta received a fine of $414 million. for the lack of formal consent to the use of personal data by their platforms.

Source: Gazeta

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