Facebook Ireland says it has put aside €302m for possible fines from the Irish Data Protection Commissioner and others across Europe. The tech giant says that the €302m relates to “amounts identified for administrative fines arising from various regulatory compliance matters principally under investigation by the relevant data protection supervisory authorities”. Facebook is currently being probed in over 10 separate statutory inquiries by Helen Dixon’s office, spanning issues across its separate divisions: Facebook, Instagram and Whatsapp. Last year, she began hiring specialist legal expertise to help advise on the size of potential fines. The Irish DPC is also expected to announce its conclusion on a potential fine for Twitter in the coming days.

Source: Irish Independent December 08, 2020 18:00 UTC