The Irish Data Protection Commission fined Meta over $400 million Wednesday after finding its Facebook and Instagram services breached EU privacy rules.
The fines mark the conclusion of two lengthy investigations into Meta by the Irish regulator, which had been criticized over delays in the process.
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.on Wednesday was slapped with a pair of fines totaling more than $400 million as the Irish privacy regulator concluded the company's advertising and data handling practices were in breach of EU privacy laws.
in the process. The DPC began investigating the company on May 25, 2018, the day the EU's GDPR came into effect.Meta was not immediately available for comment when contacted by CNBC Wednesday.
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