Amazon Slapped With $888 Million USD Fine by European Data Privacy Regulators

The company calls the decision baseless.

Tech & Gadgets
13,065 Hypes 7 Comments

Amazon has just been slapped with a record-breaking $888 million USD fine by data privacy regulators in the European Union.

The fine comes following complaints made against the e-commerce giant back in 2018 by French privacy rights group La Quadrature du Net, which has long been taking tech giants to court following the establishment of the GDPR, a data privacy framework within the EU. Amazon disclosed the fine in a new SEC filing on Friday, although it contests the decision, calling it baseless.

“There has been no data breach, and no customer data has been exposed to any third party,” Amazon wrote in a statement to Bloomberg expressing its desire to appeal the decision made by Luxembourg. “These facts are undisputed. We strongly disagree with the CNPD’s ruling.”

Amazon’s GDPR fine comes as part of the EU tightening its grip over the business within its region. The bloc has already been investigating the tech giant over its use of data, which has led to antitrust allegations last November when Amazon used data from third-party vendors to boost sales of its own products. A second investigation was then launched into the company, looking at the preferential treatment of its own products on the platform over those of other sellers.

Elsewhere in tech, a single Ethereum whale has spent $6 million USD on CryptoPunks.

Read Full Article

What to Read Next

Hot Toys Crafts Special-Edition Batman and Cyborg 1:6 Figures
Toys

Hot Toys Crafts Special-Edition Batman and Cyborg 1:6 Figures

Tapping into DC’s cinematic and video game universes.

Tesla to Pay $1.5 Million USD in Model S Battery Throttling Settlement
Automotive

Tesla to Pay $1.5 Million USD in Model S Battery Throttling Settlement

Each owner will be entitled to roughly $625 USD.

A Single Ethereum Whale Has Spent $6 Million USD on CryptoPunk NFTs
Tech & Gadgets

A Single Ethereum Whale Has Spent $6 Million USD on CryptoPunk NFTs

Now owning more than 1% of the entire collection.

A Tesla Megapack Has Caught Fire In Australia
Tech & Gadgets 

A Tesla Megapack Has Caught Fire In Australia

At one of the world’s biggest batteries in Victoria.

Bentley Unveils a Limited Edition Flying Spur Hybrid Inspired by the EXP 100 GT Concept
Automotive

Bentley Unveils a Limited Edition Flying Spur Hybrid Inspired by the EXP 100 GT Concept

Delivering a combined 536 horsepower.


Dr. Martens' Sales in Q1 2021 Surpass Pre-COVID Levels
Footwear 

Dr. Martens' Sales in Q1 2021 Surpass Pre-COVID Levels

Seeing a 52% increase over the same period last year.

North America Hit With “Most Extreme” Heatwave in June
Tech & Gadgets

North America Hit With “Most Extreme” Heatwave in June

A staggering 20 degrees Celsius hotter than average.

Americans Ranked the 100 Most Visible Companies
Tech & Gadgets

Americans Ranked the 100 Most Visible Companies

In The Axios Harris Poll.

New Balance 237 “Night Tide” Colorway Channels The Joker
Footwear

New Balance 237 “Night Tide” Colorway Channels The Joker

The lifestyle silhouette is doused in green and purple.

Serendipity 3 Is Celebrating August Birthdays With a New Special
Food & Beverage

Serendipity 3 Is Celebrating August Birthdays With a New Special

Including a free gift with the “It’s My Birthday Cake Sundae.”

More ▾
 
We got you covered. Don’t miss out on the latest news by signing up for our newsletters.

By subscribing, you agree to our Terms of Use and Privacy Policy.