Meta Braces for Another EU Fine Amid Ongoing Regulatory Scrutiny

Meta Braces for Another EU Fine Amid Ongoing Regulatory Scrutiny

Meta, the parent company of Facebook and Instagram, is facing yet another potential fine from the European Union (EU) as it continues to grapple with issues surrounding data protection. This marks the third time in 2023 that Meta has drawn the EU’s attention, this time for failing to ensure the protection of EU user data transferred to the US from inspection by authorities.

According to reports from The Register, Meta’s second fine of the year was imposed in January over breaches of the General Data Protection Regulation (GDPR) in its messaging app, WhatsApp. The Data Protection Commission (DPC) of Ireland, responsible for levying the fines against Meta, is yet to announce a decision. However, sources cited by Bloomberg anticipate that the forthcoming ruling may surpass the record GDPR fine of €746 million ($888 million) imposed on Amazon in 2021.