What did Facebook do that Meta was fined 10000 crores
[ad_1]
The European Union on Monday banned Meta, the company that operates social media platforms Facebook and WhatsApp, from sending information about users to the US and fined it $1.3 billion. It is the biggest fine imposed in the European Union since stricter laws related to privacy violations came into force nearly five years ago. Earlier, in the year 2021, the European Union had imposed a fine of 746 million euros on the giant e-commerce company Amazon.
Meta had earlier warned of shutting down services for users in Europe over a decade ago. But after the strict order of the European Union, he has said that he will appeal to the higher court, in which he will request to stay the decision. “This decision is flawed and unjust, and sets a dangerous precedent for the countless other companies that send data between Europe and the US,” Nick Clegg, Meta’s president of global affairs, and Jennifer Newstead, chief legal officer, said in a joint statement.
In addition, Meta said that there was no immediate outage of Facebook’s service in EU member states. The data protection commission in EU member Ireland has given Meta five months to stop sending information about users to the US. At the same time, six months have been given to ensure the compliance of operations regarding the data.
The case began in 2013 when Max Schrems, an Austrian lawyer and privacy rights activist, filed a complaint against Facebook. He made this complaint on Edward Snowden’s allegations regarding electronic surveillance of US security agencies. The issue of US agencies having access to information recorded in the accounts of European users has also become a cause of tension between the US and Europe. During this period, where strict laws related to the privacy of data were made in the European Union, a flexible attitude was seen in America.
[ad_2]
Source link