European regulators fined Facebook's parent company Meta hundreds of millions of dollars for its failure to inform users about its data collection practices.
The Data Protection Commission, the European Union's privacy regulator, announced on Wednesday that it was fining Meta 210 million euros for its data collection practices on Facebook and 190 million pounds for similar practices at Instagram.
"In breach of its obligations in relation to transparency, information in relation to the legal basis relied on by was not clearly outlined to users, with the result that users had insufficient clarity as to what processing operations were being carried out on their personal data," the regulatory agency concluded.
The company was told it has three months to comply with the ruling and to adjust its terms accordingly. Meta responded to the announcement by stating that it"strongly disagrees" with the conclusion and intends to"appeal the substance of the decision" due to a lack of"regulatory clarity."Meta has been the target of the DPC for regulations for more than a year. The Big Tech giant has been fined by the DPC for more than $1 billion since the fall of 2021.
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