Meta was fined 414 million dollars Meta, the parent company | ethio digital registered sign

Meta was fined 414 million dollars

Meta, the parent company of Facebook and Instagram, was fined $414 million.

It has been said that the penalty imposed on Meta is related to the company's use of Facebook and Instagram customer information for advertising.

Meta allegedly forced customers using its apps to receive interest-based alerts in violation of the law.

The EU General Data Protection Regulation (GDPR) has taken the matter to court, saying that the company prevented customers who refused to accept the conditions from using the service.

Previously, Meta Company used to ask their consent to use the information of individuals and even if they did not agree, it would not stop them from using the applications. However, with the new system, it is said that if Meta customers do not agree to use their information for advertising, they will not be able to use the app.

This decision violates the Union's Personal Information Protection Act, which took the case to court, according to a New York Times report.
The court found Meta Company guilty and imposed a fine of 414 million dollars.

It has been said that the decision will put 7 percent of the company's revenue from advertising at risk.
If the court's decision is upheld, Meta will be required to launch a new version of the app that does not use customer data for advertising within three months.