Google and Meta will reportedly have to pay several billion South Korean fines imposed by authorities in South Korea on Wednesday. According to a report, the fine was imposed by a privacy panel after failing to clearly inform users and obtain their consent to collect data on their interests for tailored ads based on their behavior. On Wednesday, Google also lost an appeal in a European court, which upheld a 2018 fine imposed by the European Union (EU) regulator for abusing its dominant position in the market.
South Korea’s Personal Information Protection Commission (PIPC) said on Wednesday that it has fined Google and Facebook’s parent company Meta KRW 69.2 billion (about Rs 400 crore) and KRW 30.8 billion (about Rs 180 crore) respectively. . report good by Reuters. The companies were reportedly accused of collecting data based on users’ interests for behavior-based targeted advertising, without notifying them or obtaining their prior consent.
Per the report, Google said it disagrees with the PIPC’s decision and will review the written decision, while Meta said it does not agree with the commission’s decision and will be open to all options from which to seek a decision. is included. [a South Korean] Court.
On Wednesday, Google suffered another setback after the European Union’s second highest court ruled in favor of the European Commission, which fined the search giant in 2018 for using its Android operating system to benefit its search engine. was. over the competition.
While the European Union’s Court of Commons reduced its fine by a little over 5 percent from EUR 4.125 billion (about Rs 32,800 crore) to EUR 4.34 billion (about Rs 34,200 crore), Google still faces a record fine for an antitrust violation. have to give.
