EU regulators fine Amazon $886 mn for data protection violations; co says will will defend itself vigorously

Associated PressUpdated: Saturday, July 31, 2021, 12:24 AM IST
article-image
Amazon has come under scrutiny by the EU before. In November regulators filed antitrust charges against the company, accusing Amazon of using its access to data from companies that sell products on its platform to gain an unfair advantage over them. | AFP

European regulators have fined Amazon 746 million euros ($886 million) for data protection violations.

Amazon said in a regulatory filing on Friday that the Luxembourg National Commission for Data Protection issued a decision against the company earlier this month, claiming that its processing of personal data did not comply with the European Union general data protection regulation.

Amazon said that it believes the decision is without merit and that it will defend itself vigorously.

Amazon has come under scrutiny by the EU before. In November regulators filed antitrust charges against the company, accusing Amazon of using its access to data from companies that sell products on its platform to gain an unfair advantage over them.

While the U.S. initially criticized the EU for targeting American companies, it has more recently started taking a tougher line on big tech as well, suing Google last year for abusing its dominance in online search and advertising.

In May, a court annulled a ruling by the European Commission that a tax deal between Amazon and Luxembourg's government amounted to illegal state support. It was the latest setback to European Union efforts to tackle corporate tax avoidance.

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

States capital spends go up by 2.2% in first half despite massive spike in revenues

States capital spends go up by 2.2% in first half despite massive spike in revenues

FMCG companies keeping close watch on softening commodity prices; may extend some benefits

FMCG companies keeping close watch on softening commodity prices; may extend some benefits

Private Security Day: Private security industry demands hike in FDI limit to 74%

Private Security Day: Private security industry demands hike in FDI limit to 74%

UAE second biggest tea importer from India after CIS block

UAE second biggest tea importer from India after CIS block

Apple fasts forwards plans to shift manufacturing from China to India, Vietnam

Apple fasts forwards plans to shift manufacturing from China to India, Vietnam