A fine of over Rs 10,000 crore has been imposed on social media company Meta for sending data to the US. Meta operates social media apps such as Instagram, WhatsApp, and Facebook. (Jagran – File photo)
A fine of US $ 1.3 billion (about 10,700 crore Indian rupees) has been imposed on Meta, a company running a social media platform on behalf of the European Union. The reason behind this was that the company was sending users’ data to America. Tell me, this fine has been imposed regarding data privacy.
This is the biggest fine ever imposed on a company by the European Union after implementing stricter data privacy laws in Europe. Earlier, Amazon was fined US$865 million (746 million euros) for breaching data protection rules.
Meta got 5 months’ time
The Irish Data Protection Commission has given Meta five months to stop sending users’ personal data to the US. Along with this, the company has also been asked to find a solution regarding the personal data of store users in the US.
a decade-old affair
In this decade-old case, Meta had earlier warned to stop the services of users in Europe. However, the company has clarified that the company’s services continue in Europe.
Commenting on the fine, Nick Clegg, META’s Head of Global Affairs, said the decision was deeply flawed and unjust. It also sets a dangerous precedent for other companies sending data between Europe and the US.
Why strict EU regarding privacy rules?
This whole matter is related to European countries. European regulators are worried that if users’ data reach America through these companies, then this data can also reach American security agencies.
