U.S. Tech Giants Risk Hefty Fines, Irish Privacy Chief Warns
[text_block id=”b697662e5018980df1cce77e39410a52″ content=”‹¨›p‹˜›Via Bloomberg Technology‹¨›/p‹˜›‹¨›p‹˜›‹¨›a title‹´›‹²›Company Overview‹²› href‹´›‹²›https://www.bloomberg.com/quote/FB:US‹²›‹˜›Facebook Inc.‹¨›/a‹˜›,‹¯›nbsp;‹¨›a title‹´›‹²›Company Overview‹²› href‹´›‹²›https://www.bloomberg.com/quote/GOOGL:US‹²›‹˜›Google‹¨›/a‹˜›‹¯›nbsp;and‹¯›nbsp;‹¨›a title‹´›‹²›Company Overview‹²› href‹´›‹²›https://www.bloomberg.com/quote/AAPL:US‹²›‹˜›Apple Inc.‹¨›/a‹˜›‹¯›nbsp;are all at risk of hefty fines if the European data protection regulator probing them finds they violated European Union privacy rules.‹¨›/p‹˜›‹¨›p‹˜›Helen Dixon, Ireland’s data protection commissioner, said she has about 20 investigations open into big technology companies, including‹¯›nbsp;‹¨›a title‹´›‹²›Company Overview‹²› href‹´›‹²›https://www.bloomberg.com/quote/TWTR:US‹²›‹˜›Twitter Inc.‹¨›/a‹˜›and Facebook’s WhatsApp and Instagram platforms.‹¨›/p‹˜›‹¨›p‹˜›A number of these cases are “well advanced” and could land on her desk for a decision in the next couple of weeks. That will kick-start the process toward potential fines and it will be “inevitable” for her to consider penalties “where infringements are identified,” she said.‹¨›/p‹˜›‹¨›p‹˜›“It would be a most surprising outcome if, of the 20 big tech investigations we have underway, fines were not a feature of the process,” Dixon said in an interview in London, after speaking at Bloomberg’s Sooner Than You Think technology conference.‹¨›/p‹˜›‹¨›p‹˜›Google has so far‹¯›nbsp;‹¨›a title‹´›‹²›Google Gets $56.8 Million Fine as France Uses New EU Privacy Law‹²› href‹´›‹²›https://www.bloomberg.com/news/articles/2019-01-21/google-gets-56-8-million-fine-as-france-uses-new-eu-privacy-law‹²› target‹´›‹²›_blank‹²› rel‹´›‹²›noopener‹²›‹˜›received‹¨›/a‹˜›‹¯›nbsp;the biggest penalty of 50 million euros ($56.6 million) since European regulators were empowered last year by the new EU privacy rules to levy fines of as much as 4% of annual sales. In that case, French officials found two types of violations of EU law, one for lack of transparency and information, the other for not having a legal basis to process user data for personalized advertisements.‹¨›/p‹˜›‹¨›p‹˜›‹¯›nbsp;‹¨›/p‹˜›‹¨›p‹˜›‹¨›a href‹´›‹²›https://www.bloomberg.com/news/articles/2019-06-12/european-regulator-probing-facebook-calls-for-global-data-laws‹²› target‹´›‹²›_blank‹²› rel‹´›‹²›noopener‹²›‹˜›continue reading on Bloomberg‹¯›gt;‹¯›gt;‹¨›/a‹˜›‹¨›/p‹˜›‹¨›p‹˜›‹¯›nbsp;‹¨›/p‹˜›‹¨›p‹˜›#HelenDixon #Google, #Facebook, #Apple, #Twitter, #Whatsapp,‹¯›nbsp; #Instagram, #SocialMedia, #GDPR, #DPO, #DPC,‹¨›/p‹˜›” paragraph_whitespace=”true” text_size=”” line_height=”” text_color=”” margin=”0px 0px 15px 0px” class=”” _fw_coder=”aggressive” __fw_editor_shortcodes_id=”25c02fce7c3c81b4d7f58e51922b3f7c”][/text_block]
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