Rome, Italy:
Italy’s antitrust regulator announced Wednesday a new fine of 7. million euros ($8.45 million) against Facebook for misleading conduct on information protection.
According to the authority, identified as AGCM, the US social media giant fails to adequately inform customers about how it collects and makes use of their information for industrial purposes.
AGCM had currently fined Facebook 5. million euros in 2018, charging it with unfair trading practices, and ordered it to take corrective action.
Wednesday’s second fine came since the US enterprise ignored orders to alter its practices as requested, the Italian regulator stated.
Even if Facebook no longer advertises itself as absolutely free, “immediate and clear information on the collection and use of user data for commercial purposes is still not provided,” AGCM stated.
“This is information and facts that the customer requirements to make a decision regardless of whether to join the service, in light of the financial worth for Facebook of the information offered by the user, which represents payment for th
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