Amazon hit by record $887 million EU privacy fine

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Amazon hit by record $887 million EU privacy fine
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Amazon faces a record-breaking €746 million (roughly $887 million) fine after a European Union data privacy regulator said the e-commerce giant had violated the bloc's signature privacy law, known as GDPR, in an advertising-related decision.

Amazon faces a record-breaking €746 million fine after a European Union data privacy regulator said the e-commerce giant had violated the bloc's signature privacy law, known as GDPR, in an advertising-related decision.

The fine was imposed on July 16 and disclosed Friday in a financial filing. It is the largest in the law's three-year history, followed by Google's 2019 fine of €50 million.Regulators said Amazon's processing of personal data didn't comply with GDPR requirements, and the company acknowledged it has been ordered to change its business practices.

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