Amazon hits record EU data privacy fine

[ad_1] Inc has a record $ 886.6 million (700 million) for processing personal data in violation of Block’s GDPR regulations as privacy regulators take a more aggressive position on enforcement. He was fined by the European Union (46 million euros).

The Luxembourg National Data Protection Commission (CNPD) has fined Amazon in a decision on July 16, the company said in a Friday filing with regulators.

Amazon will appeal the fine, according to a spokeswoman for the company. The e-commerce giant said in a filing that he believed that the CNPD decision had no merit.

CNPD did not immediately respond to the request for comment.

The EU’s General Data Protection Regulation (GDPR) requires businesses to seek the consent of people before using personal data or imposing high fines.

Globally, tech giant regulators are under increasing scrutiny following a series of scandals about privacy and misinformation, as well as complaints from some companies that are abusing market power.

Alphabet’s Google, Facebook Inc, Apple Inc, and Microsoft Corp are closely monitored in Europe.

In December, France’s Data Privacy Watchdog fined Google the largest ever fine of € 100 million ($ 118.82 million) for violating national rules regarding online advertising trackers.