Meta (META.O) was fined a record 1.2 billion euros ($1.3 billion) by the European Union’s chief privacy regulator for moving customer data to the U.S. and given five months to halt.
According to a DPC statement on Monday, Ireland’s Data Protection Commissioner (DPC) penalties for Meta’s ongoing data transfer exceeded Luxembourg’s 2021 746 million euro E.U. privacy fine on Amazon.com Inc (AMZN.O).
Meta announced that it would appeal the verdict, including the “unjustified and unnecessary fine,” and seek a court stay.
After Edward Snowden’s disclosures, Austrian privacy campaigner Max Schrems sued Facebook over the potential of U.S. eavesdropping.
Meta said last month it expected a new accord to safely transfer E.U. individuals’ data to the U.S. to be fully implemented before it had to cease transfers.
That would negate its warning that a stoppage could force it to suspend Facebook services in Europe.
The EU-U.S. data protection framework, agreed upon in March 2022, may be completed by July, but Meta warned that it may not be.
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