Amazon hit with record EU data privacy fine
The Hindu
Globally, regulatory scrutiny of tech giants has been increasing following a string of scandals over privacy and misinformation, as well as complaints from some businesses that they abuse their market power.
Amazon.com Inc has been hit with a record $886.6 million (746 million euros) European Union fine for , as privacy regulators take a more aggressive position on enforcement. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) The Luxembourg National Commission for Data Protection (CNPD) imposed the fine on Amazon in a July 16 decision, the company disclosed in a regulatory filing on Friday.
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