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‘Data transfers’ cost Meta €1.2bn

News Editor 22 May, 2023
Meta

Webdesk: Ireland’s Data Protection Commissioner (DPC) fined Mark Zuckerberg’s Meta 1.2 billion euros ($1.3 billion) Monday for breaking earlier court judgements on European user data transfer to the US.

Since 2020, DPC has investigated.

The EU privacy regulator gave Meta five months to stop data transfers to the US.

The DPC stated the EDPB ordered it to collect “an administrative fine in the amount of 1.2 billion euros”.

Meta maintained shipments after the US-EU data transfer deal expired in 2020.

Meta’s DPC fine exceeded Luxembourg’s 2021 746 million euro EU privacy fine on Amazon.

Meta will challenge the verdict, particularly the “unjustified and unnecessary penalties. That “sets a dangerous precedent for numerous other organisations.” It will also request a court stay of suspension orders.

“We intend to appeal both the decision’s substance and its orders, including the fine, and will seek a stay through the courts to pause the implementation deadlines,” Meta president of global affairs Nick Clegg and chief legal officer Jennifer Newstead wrote in a blog post.

“There is no immediate disruption to Facebook in Europe,” they stated.

After an agreement in principle last year, Meta believes the US and EU will approve a new legal framework for personal data use in the coming months, allowing it to continue its data transfer practises.

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