The Data Protection Commission of Ireland has been seeking to prohibit Facebook from using the legal procedure to send user data from Europe to the US.
The Irish privacy authority levied a record fine of €1.2 billion on Meta, the parent company of Facebook, for violating EU data protection laws.
The Irish Data Protection Commission (DPC), which represents the EU, fined Meta for "continuing to transfer personal data" of users from the European Economic Area (EEA) to the US. Meta plans to appeal the decision.
It surpasses the €746 million fine imposed on Amazon for processing customer data violating GDPR to become the largest EU sanction ever imposed on a tech business.
Experts voiced skepticism that the record-breaking penalties would substantially alter Meta's privacy practices despite their enormity.
Any legal challenge to the ruling, according to Schrems, will be fruitless. Additionally, he implied that the new EU-US data transfer protocol would be just as subject to legal challenges as the existing system.
In a blog post authored by the company's chief legal officer, Jennifer Newstead, and president for global affairs, Nick Clegg, Meta called the fine "unjustified and unnecessary."
Grateful for your time!
Click Here to Next Story