The Irish Data Protection Commissioner (DPC) has fined Meta – Facebook’s parent company – €1.2 billion or about $1.3 billion for violating the General Data Protection Regulation (GDPR) on the Facebook platform.
Now, 7 of the top 10 fines for GDPR violations are attributed to the company of billionaire Mark Zuckerberg. In addition, Meta is now the number 1 leader ahead of Amazon in terms of the size of the penalty imposed in GDPR history.
As the graph prepared by Statista, viewed by Al Arabiya.net, shows, Amazon has held the record for almost two years since July 2021, when the Luxembourg data watchdog issued a fine on the European branch of the technology company, which is worth several. billions of dollars, which amounted to approximately $806 million at current non-existent prices.
The fifth place in the list of the highest fines goes to “WhatsApp”, followed by “Google”, and again “Facebook” and “Instagram” for violations of the General Data Protection Regulation.
The GDPR regulatory framework aims to give users more control over their data – and lays the groundwork for fining companies providing services in the EU for breaching its provisions.
The General Data Protection Regulation (GDPR) was created on May 25, 2018, as a replacement for the EU Data Protection Directive from 1995. To date, the GDPR enforcement tracker lists more than 1,600 individual violations of the GDPR. , although the data is likely incomplete since not all fines are made public.
Giant companies and giant fines