The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring user data across the Atlantic by October, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears.
The penalty of 1.2 billion euros is the biggest since the EU's strict data privacy regime took effect five years ago, surpassing Amazon's 746 million euro fine in 2021 for data protection violations.
The saga has highlighted the clash between Washington and Brussels over the differences between Europe's strict view on data privacy and the comparatively lax regime in the U.S., which lacks a federal privacy law. The EU has been a global leader in reining in the power of Big Tech with a series of regulations forcing them police their platforms more strictly and protect users' personal information.
EU institutions have been reviewing the agreement, and the bloc's lawmakers this month called for improvements, saying the safeguards aren't strong enough. If the new transatlantic privacy agreement takes effect before these deadlines, "our services can continue as they do today without any disruption or impact on users," Meta said.
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Meta hit with record-breaking $1.3B-euro fine for violating privacy laws - National | Globalnews.caThe European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring users' personal information across the Atlantic by October.
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