Meta faces a fine of over £1 billion for transferring personal data from the EU to the US.
'In my view, the new deal has maybe a 10% chance of not being killed by the CJEU . Unless US surveillance laws gets fixed, Meta will likely have to keep EU data in the EU,' he said in a statement.
The Irish watchdog, which is the lead EU regulator for many of the world's top technology companies because of the location of their European headquarters in Ireland, has said the suspension order could create a precedent for other firms. The DPC said it did not initially propose adding a fine to the suspension order but that four other EU supervising authorities disagreed. The record fine was included after a ruling by the European Data Protection Board .
'The amount reflects the fact that Meta’s systems were structured so that all data collected on its social media platforms had to be sent to the USA, without any kind of firebreak, and this was viewed as an aggravating factor,' said Eddie Powell, data protection partner at London law firm Fladgate.
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