Irish watchdog fines Facebook | The Spokesperson’s Review

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Ireland’s Privacy Authority has fined Facebook’s parent company Meta 17 million euros, or around $19 million, for breaching EU privacy law .

The regulator, the Data Protection Commission, investigated how Meta Platforms Inc. complied with the requirements of the law, known as the General Data Protection Regulation, in the way it processed personal data in twelve data breach notifications between June and December 2018.

The agency said on Tuesday that it found that Meta did not have the right measures in place to show it could protect EU user data.

“This fine relates to 2018 record keeping practices that we have since updated, and not a breach in the protection of individuals’ information,” the company said in an emailed statement. “We take our obligations under the GDPR seriously and will carefully consider this decision as our processes continue to evolve.”

Under the GDPR, the Irish regulator conducts cross-border data privacy cases for large tech companies with European headquarters in Dublin.

Regulators allow purchase of MGM

LONDON – European regulators cleared Amazon’s purchase of Hollywood studio MGM on Tuesday, saying the deal raised no competition concerns.

The online shopping giant said last year it was buying MGM as part of an $8.45 billion deal to bolster its video streaming service with more content to watch.

The European Commission said its investigation found the deal ‘would not significantly reduce competition’ in European markets.including for film and television production, the wholesale supply of television channels and the retail supply of “audiovisual services.”

The commission, the European Union’s executive arm and its chief competition watchdog, said MGM’s content could not be considered “must have” and that it was “not among the top studios in production”. although it holds the rights to successful franchises including James Bond.

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