Amazon was fined EUR 746 million this month by the Luxembourg privacy regulator. According to the watchdog, the tech giant has processed personal data in a way that violates European privacy legislation. Bloomberg news agency says it is the highest privacy fine ever in the EU.
This is apparent from a financial document (.pdf) that Amazon submitted to the American stock market regulator the day after the announcement of its quarterly figures. The decision is dated July 16, but the regulator in Luxembourg has not yet publicized it as far as is known. The European head office of the web store is located in the country, which is why the supervisor is in charge of the file.
In the document, Amazon says this decision is “unfounded” and that it will defend itself. Amazon did not provide more information about the case. It is one paragraph in a 45-page document.
The Luxembourg regulator could not be reached for comment on Friday afternoon.
746 million euros fine for Amazon from Luxembourg privacy watchdog
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