Meta to Face Record EU data protection fines via Facebook’s data transfer to the US
Meta Platforms Inc is expected to face a record European Union privacy fine related to the transfer of Facebook’s EU users’ data to US servers for failing to heed a warning from the EU’s top court, two sources familiar with the matter said.
The fine is higher than Amazon.com Inc’s previous fine of 746 million euros ($821.20 million), sources said.
Meta declined to comment, while Ireland’s Data Protection Commission (DPC) and the European Commission did not immediately respond to Reuters requests for comment.
EU regulators, led by Ireland’s data protection commissioner Helen Dixon, are finalizing a ban on a legal tool used by Facebook to transfer European users’ data because US intelligence agencies could access the data.
In April, they said Ireland’s DPC had a month to make an order blocking Facebook’s transatlantic data flows. The ban may come into effect in mid-May.
The European Supreme Court ruled in 2020 that the EU-U.S. The data transfer agreement was flawed due to surveillance concerns.
Meta warned last year that an order banning the mechanism by which it transfers data from Europe to the United States could force it to suspend Facebook services in Europe.
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