April 18, 2024

GDPR turned 5 this week — and celebrated in customary model: by slapping Meta with one other eye-watering positive.

At a record-breaking €1.2bn, the punishment was the proper self-gift for the EU regulation. For Meta, nevertheless, it marks one other depressing anniversary.

Based on analysis by Privacy Matters, Mark Zuckerberg’s demonic brainchild has accrued over half of the €4bn in whole GDPR fines.

After amassing a staggering €2.5bn throughout seven separate penalties, it’s secure to say that Meta gained’t be attending the celebration. Nevertheless it wasn’t prone to have gotten an invitation anyway.

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The social media behemoth has been feuding with EU lawmakers for years. On multiple occasions, the corporate has gone so far as threatening to shut down providers in Europe over information guidelines.

The EU, in the meantime, have been merrily doling out fines for Meta’s information safety breaches. The bulk have been delivered by the Information Safety Authority of Eire, the place Meta has its European headquarters. The regulator dished out 4 fines in 2022 alone.

The Fb proprietor just isn’t alone in getting into GDPR’s crosshairs — however it’s been by far essentially the most constant goal.

Amazon and Google have mixed whole fines of round €800 million — a determine dwarfed by Meta’s most up-to-date positive alone. In the meantime, Microsoft, Apple, Pinterest, and LinkedIn have by no means been charged.

The penalties have solidified the EU’s fame because the West’s top tech regulator. For GDPR, that’s one other trigger for celebration. However for Meta, this celebration should suck.