Meta Platforms

Facebook given record $1.3-B fine, given 5 months to stop EU-US data flows

Reuters

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Facebook given record $1.3-B fine, given 5 months to stop EU-US data flows

META. The logo of Meta Platforms' business group is seen in Brussels, Belgium, December 6, 2022

Yves Herman/Reuters

The EU's decade-long battle over where Facebook stores its data ends in a record fine for the social media giant – a fine it calls 'unjustified and unnecessary'

DUBLIN, Ireland – Meta was hit with a record 1.2-billion-euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five months to stop transferring users’ data to the United States.

The fine imposed by Ireland’s Data Protection Commissioner concerning Meta’s continued transferring of personal data topped the previous 746-million-euro record EU privacy fine by Luxembourg on Amazon in 2021, according to a DPC statement on Monday, May 22.

Meta said in a statement that it will appeal the ruling, including the “unjustified and unnecessary fine,” and seek a stay of the orders through the courts.

The long-running battle over where Facebook stores its data began a decade ago after Austrian privacy campaigner Max Schrems brought a legal challenge over the risk of US snooping in light of disclosures by former US National Security Agency contractor Edward Snowden.

Meta said last month it expected a new pact facilitating the safe transfer of EU citizens’ personal data to the United States would be fully implemented before it has to suspend transfers.

That would mean its previous warning that a stoppage could force it to suspend Facebook services in Europe would not come to pass.

Officials have said the new data protection framework – agreed by the European Union and US government in March 2022 – may be ready by July, but Meta also cautioned that there is a chance it might not be ready in time. – Rappler.com

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