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Facebook condemns European data protection fines

concertina226 (2447056) writes | about 2 years ago

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concertina226 (2447056) writes "Facebook claims companies could start court battles with data protection authorities if the regulators are given powers to levy fines of 2% of global turnover for data protection law breaches.

Facebook said the European Commission's proposed sanctions regime — which is contained in its draft General Data Protection Regulation — could also put off US and other businesses from trading within the EU, meaning less jobs being created."

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