The owner of Facebook, Meta, is fined 1.2 billion euros by the EU!

2023-05-22 14:14:30Kosova&Bota SHKRUAR NGA REDAKSIA VOX

The owner of Facebook, Meta, is fined 1.2 billion euros by the EU!

Meta has been fined 1.2 billion euros for misusing user data while transferring it between Europe and the US .

Issued by Ireland's Data Protection Commission , this is the largest fine imposed under the EU's General Data Protection Regulation privacy law.

GDPR rules require companies to seek people's consent before using their personal data.

Meta says it will appeal the decision, which it called " unjustified and unnecessary" , reports the BBC.

At the heart of this decision is the use of standard contractual clauses (SCC) to move EU data to the US.

These legal contracts, prepared by the European Commission , contain safeguards to ensure that personal data continues to be protected when transferred outside of Europe.

But there are concerns that these data flows still expose Europeans to weaker US privacy laws – and that US intelligence could gain access to the data.

Most large companies have complex data transfer networks – which include e-mail addresses, phone numbers and financial information – to overseas recipients, many of whom depend on SCC, and Meta says the widespread use of their makes the fine unfair.

Nick Clegg, president of Facebook, said: " We are frustrated because we are singled out, when we use the same legal mechanism as thousands of other companies seeking to provide services in Europe ."

" This decision is wrong, unjustifiable and represents a dangerous precedent for other companies that transfer data between Europe and the USA ", he added.


Video