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EU, privacy law violation, Amazon sanctions huge amount of 97 billion yen

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Luxembourg’s privacy regulator, the National Commission on Data Protection (CNPD), has ruled that Amazon’s privacy practices are in breach and has imposed $ 877 million on the company. This is the highest fine ever for a violation of European Union (EU) privacy law.

Amazon argues

The details of the breach have not been disclosed, but according to the Wall Street Journal, Amazon’s breach of the EU’s privacy law, the General Data Protection Regulation (GDPR), has affected its collection and use of personal information. It seems that it is.
 
Amazon’s EU headquarters are located in Luxembourg, so CNPD, the country’s regulator, has jurisdiction over it. However, on cross-border privacy issues, privacy regulators in other EU countries will also consider fines and make final adjustments accordingly. It has already been pointed out that the fines are not high enough, and the $ 877 million fine could be even higher.
 
In response to the sanctions, Amazon said, “The decision on how to display relevant ads to customers is based not only on the subjective and unexamined interpretation of European privacy law, but also on the fines presented. It doesn’t even fit the interpretation at all, “he said, showing his readiness to appeal to the court.

Strong wind on tech companies

So far, the highest fine for GDPR violations was $ 59 million in Google sanctions in 2019.
 
The fine is based on a new law released by the EU last December that would cost more if tech companies fail to comply with antitrust and privacy regulations. It is observed that French regulators are scrutinizing not only Amazon and Google but also Apple’s advertising business, and it seems that tech companies will be more exposed to tech companies around the world in the future.
 
 
Source: Apple Insider, WSJ
Photo: Flickr-bobbsled
(kihachi)

Source: iPhone Mania

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