Meta interrupting EU data privacy rules in Norway: report
Kira-Yan

Meta Platforms (NASDAQ:META) is reportedly interrupting European data privacy rules in Norway, the country's regulator said in front of a court on Wednesday, as the U.S. tech giant looks to halt the fines being placed on it for allegedly doing so.
Datatilsynet, Norway's data privacy regulator, has been fining Meta (META) the equivalent of $94,315 per day, or 1M NOR for skirting the privacy rules and harvesting user data to target advertising. A lawyer for Datatilsynet said that Meta (META) is going against the European General Data Protection Regulation and thus, the fine is valid, Reuters reported.
"There is no discussion on whether the company is in violation of these rules ... Today Meta breaks GDPR rules," the lawyer, Hanne Inger Bjurstroem Jahren, said in front of the court, according to the news outlet.
Meta (META) has asked for a temporary injunction against the order, which imposes a daily fine through November 3.


More on Meta Platforms

Top 3 AI Stocks: Buy The Dip
Meta Can Deliver Strong Double-Digit Growth
Meta Platforms: 5 Reasons To Be Wary
Meta: Risen From The Dead
Seeking Alphaâs Quant Rating on Meta Platforms