Amazon hit with record EU data privacy fine

Amazon hit with record EU data privacy fine

Question- Consider the following statements-
1) Amazon has been hit with an $886.6 million (746 million euro) European Union fine for processing personal data
2) Fine was imposed by Luxembourg National Commission for Data Protection (CNPD)
3) GDPR requires companies to seek people’s consent before using their personal data or face steep fines
Select the correct answer using the code given below-

(a) Only 1 and 3
(b) Only 2 and 3
(c) Only 2
(d) All of the above
Ans. (d)
Related Facts-

  • Amazon.com Inc has been hit with an $886.6 million (746 million euro) European Union fine for processing personal data in violation of the EU’s General Data Protection Regulation (GDPR).
  • The Luxembourg National Commission for Data Protection (CNPD) imposed the fine on Amazon Europe Core in a July 16 decision.
  • EU’s General Data Protection Regulation, or GDPR, requires companies to seek people’s consent before using their personal data or face steep fines.
  • The Wall Street Journal had reported in June that the company could be fined more than $425 million under the European Union’s privacy law, citing people familiar with the matter.
  • In December, France’s data privacy watchdog handed out its biggest ever fine of 100 million euros ($118.82 million) to Google for breaching the nation’s rules on online advertising trackers. ($1 = 0.8416 euros).

By- Yogesh Pratap Singh

Reference- https://www.livemint.com/companies/news/amazon-hit-with-886-million-eu-data-privacy-fine-11627652289090.html.