• Home
  • Apps
  • Apps News
  • Amazon Fined Record EUR 746 Million in Luxembourg Over Data Privacy

Amazon Fined Record EUR 746 Million in Luxembourg Over Data Privacy

Amazon’s fine is believed to be the largest ever for a data protection violation since the passage of the regulation.

Amazon Fined Record EUR 746 Million in Luxembourg Over Data Privacy
Highlights
  • Fine was believed to be the largest ever for a data protection violation
  • Luxembourg agency confirmed that it made a ruling this month on Amazon
  • French authorities fined Amazon EUR 35 million last year

Amazon was fined EUR 746 million ($880 million) by Luxembourg authorities over allegations it flouted the EU's data protection rules, the online retail giant said Friday.

The fine was issued July 16 by the Luxembourg National Commission for Data Protection following its determination that "Amazon's processing of personal data did not comply with the EU General Data Protection Regulation (GDPR)," Amazon said in a securities filing.

"We believe the CNPD's decision to be without merit and intend to defend ourselves vigorously in this matter," the company added, using the organization's French acronym.

The fine was believed to be the largest ever for a data protection violation since the passage of the regulation.

The Securities and Exchange Commission (SEC) document offered no details, but Amazon was sued by a European consumer group claiming personal data was collected for ad targeting without permission.

The Luxembourg agency confirmed that it made a ruling this month on Amazon but declined to elaborate, saying its investigations are confidential.

It was the latest case of US tech firms being hit with violations of the landmark GDPR.

French authorities fined Amazon EUR 35 million last year for failing to follow laws on browser "cookies" that track users. Google was hit with a fine of EUR 100 million for similar violations.

Facebook is under investigation in Ireland after details on 533 million users were leaked on a hacking website

Under the GDPR, which came into effect in 2018, internet users have a wider range of rights relating to their data.

Regulators have been armed with new powers including the ability to fine firms up to four percent of their annual global turnover.

The GDPR has resulted in fines imposed not only on technology firms but marketers, data brokers, Austria's postal service and even the Spanish football association, La Liga.

Amazon made the disclosure as part of its quarterly update which showed profits jumped 48 percent from a year ago to $7.8 billion and revenues increased 27 percent to $113.1 billion in the April-June period.


The recently-concluded first season of Loki is our focus this week on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.
Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Further reading: Amazon
Google Request for Microsoft Documents Is Relevant in Antitrust Case, US Judge Says

Related Stories

Share on Facebook Tweet Snapchat Share Reddit Comment
 
 

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2021. All rights reserved.
Listen to the latest songs, only on JioSaavn.com