17.8 C
Munich
Tuesday, June 15, 2021

Amazon Faces Possible $425 Million EU Privacy Fine

Must read

Federal Judge Stops Biden Administration From Blocking New Oil and Gas Leases

A federal judge in Louisiana issued a preliminary injunction blocking the Biden administration from pausing...

Lina Khan, Critic of Large Tech Firms, to Lead Federal Trade Commission

WASHINGTON—The Senate confirmed Lina Khan for a seat on the Federal Trade Commission, and the White House plans to tap her to lead the...

Platinum Equity Strikes Deal to Buy McGraw Hill From Apollo

Private-equity firm Platinum Equity has struck a deal to buy McGraw...

A European Union privacy regulator has proposed a fine of more than $425 million against Amazon.com Inc., part of a process that could yield the biggest-yet penalty under the bloc’s privacy law, people familiar with the matter said.

Luxembourg’s data-protection commission, the CNPD, has circulated a draft decision sanctioning Amazon’s privacy practices and proposing the fine among the bloc’s 26 other national authorities, the people said. The CNPD is Amazon’s lead privacy regulator in the EU because Amazon has its EU headquarters in the Grand Duchy.

The Luxembourg case relates to alleged violations of Europe’s General Data Protection Regulation, or GDPR, linked to Amazon’s collection and use of personal data, and isn’t related to its cloud-computing business, Amazon Web Services, one of the people familiar with the matter said. The person declined to elaborate on the specific allegations against Amazon.

An Amazon spokesman declined to comment. The company has previously said the privacy of its customers is a priority and it complies with the law in all countries where it operates. A spokesman for the CNPD said the regulator wasn’t allowed to comment on individual cases.

Before the draft decision can become final, it must effectively be agreed by other EU privacy regulators, a process that could take months and lead to substantive changes, including a higher or lower fine.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Federal Judge Stops Biden Administration From Blocking New Oil and Gas Leases

A federal judge in Louisiana issued a preliminary injunction blocking the Biden administration from pausing...

Lina Khan, Critic of Large Tech Firms, to Lead Federal Trade Commission

WASHINGTON—The Senate confirmed Lina Khan for a seat on the Federal Trade Commission, and the White House plans to tap her to lead the...

Platinum Equity Strikes Deal to Buy McGraw Hill From Apollo

Private-equity firm Platinum Equity has struck a deal to buy McGraw...

Platinum Equity Strikes Deal to Buy McGraw Hill From Apollo

Private-equity firm Platinum Equity has struck a deal to buy McGraw...