The largest fines in the history of technology companies.. “Amazon” is in first floor

Ireland’s Data Protection Commissioner (DPC) has decided to fine Facebook 265 million euros, or $275 million, for breaching the General Data Protection Regulation (GDPR) after the site went down authorized to obtain sensitive user data between May 2018 and September 2019.

This fine is the fourth for platforms owned by Facebook’s parent company Meta.

While that may seem like a large amount, it’s not the largest amount the company has to pay in the history of the General Data Protection Regulation, according to data collected by Statista and visualized by Al

It was Amazon, which held the title in terms of size of the fines. In July 2021, Luxembourg’s data supervisory authority issued a fine of around $774 million in current prices to the European branch of the multibillion-dollar technology company, for “failure to comply with general data processing principles” under the GDPR Enforcement Tracker powered by CSM Law.

And in fourth place in the list of the highest fines goes WhatsApp, after Facebook and Instagram, then Google, and the Swedish fashion company H&M, which violated the general data protection law.

The GDPR regulatory framework aims to give users more control over their data and sets the stage for sanctioning companies providing services in the EU for violating its provisions.

The General Data Protection Regulation was established on 25 May 2018, in alternative to the 1995 European Union Data Protection Directive and contains 99 clauses. To date, the GDPR Enforcement Tracker lists 1,507 individual GDPR violations, although the data is likely incomplete as not all fines are made public.

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