Facebook parent Meta fined $1.3 billion for violating EU data transfer rules, company responds
Facebook parent company Meta has been fined a record 1.2 billion euro (approximately $1.3 billion) by Ireland’s Data Protection Commissioner (DPC) for the company’s handling of user information. The fine imposed by the DPC topped the previous 746 million euro penalty by Luxembourg on Amazon.com in 2021, DPC said.
Why Meta is fined
The Irish watchdog said that Meta violated the General Data Protection Regulation (GDPR) – which came into force on May 25, 2018 – related to data transfer of users in the European Union (EU) to the US.