The Ripple Effect of Meta's $1.3 Billion GDPR Fine for Businesses That Handle Data
Meta, the parent company of Facebook, has been fined a record €1.2 billion ($1.3 billion) by the European Union for violating its data privacy laws. The fine was issued by Ireland’s Data Protection Commission, which is Meta’s lead regulator in the EU, and is the largest ever levied under the EU’s General Data Protection Regulation (GDPR), which went into effect in 2018.