logo-loader
viewAlphabet Inc

Google owner Alphabet fined €50M by France’s privacy regulator for breaching EU data protection rules

Google has come under CNIL’s scrutiny many times before but, under the old rules, fines couldn’t exceed the maximum of €150,000

Google sign
Now, however, the maximum penalty for a GDPR breach is €20mln (£17.7mln) or 4% of a company's global turnover for the most serious violations

Alphabet Inc (NASDAQ:GOOGL), owner of internet giant Google was fined €50 million (£44mln) by France’s privacy regulator for breaching the EU’s data protection rules on Monday, fuelling worries that other US tech firms could also be targeted.

The penalty for Google marked the first time the French watchdog has used its powers under the General Data Protection Rules (GDPR) which came into force in May 2018.

READ: Alphabet's Google hit by data breach and did not report it over regulation fears

Under GDPR, customers have the right to access a copy of the personal data companies hold about them.

France’s data authority CNIL said the amount of the fine was “justified by the severity of the infringements observed regarding the essential principles” of the rules.

Google has come under CNIL’s scrutiny many times before but, under the old rules, fines couldn’t exceed the maximum of €150,000.

Now, however, the maximum penalty for a GDPR breach is €20mln (£17.7mln) or 4% of a company's global turnover for the most serious violations.

A BBC report on Tuesday quoted European privacy group noybas saying it found that most of the big streaming companies did not fully comply with GDPR.

The report said noyb has filed formal complaints against entertainment streaming giants including Google, Amazon.com Inc. (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), Netflix Inc. (NASDAQ:NFLX), and Spotify Technology SA (NYSE:SPOT).

Quick facts: Alphabet Inc

Price: 1315.46 USD

NASDAQ:GOOG
Market: NASDAQ
Market Cap: $907.26 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Admedus Ltd proud to unveil its valves publicly for the first time in London

Admedus Ltd's (ASX:AHZ) CEO Wayne Paterson caught up with Proactive's Andrew Scott while in London. The firm recently made what's been described as a transformational move to sell off its CardioCel® and VascuCel® patch business. Paterson says the focus is now firmly on the Adapt...

12 hours, 26 minutes ago

2 min read