Record $425m: EU’s biggest privacy fine ever looms for Amazon

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeAll Things Auto | Search AdsMost Affordable Camper VansAll Things Auto | Search AdsLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsPsoriatic Arthritis | Search AdsWhat Is Psoriatic Arthritis? See Signs (Some Symptoms May Surprise)Psoriatic Arthritis | Search AdsBrake For ItSay Goodbye: These Cars Will Be Discontinued In 2021Brake For ItPast Factory”Waltons” Actress Says Magazine Ended Her CareerPast FactoryBleacherBreaker41 Old Toys That Are Worth More Than Your HouseBleacherBreakerDrivepedia30+ Funny Photos Of Car Owners Having A Rough DayDrivepediaNational Injury BureauJury Finds Roundup Responsible For Lymphoma | Bayer To Pay $10 BillionNational Injury BureauMoneyWise.comMechanics Say You Should Avoid These Cars In 2021  MoneyWise.com UK probe With Amazon’s EU headquarters in the Grand Duchy, the CNPD is its lead privacy regulator in the EU. whatsapp A draft decision sanctioning Amazon’s privacy practices with the proposed fine has been circulated by the CNPD, Luxembourg’s data-protection commission, with the bloc’s 26 other national data-protection authorities. One of the EU investigations is looking at how Amazon is using data to advance its own products to the potential detriment of rivals.  Record $425m: EU’s biggest privacy fine ever looms for Amazon Share An investigation into Amazon may look at whether or not the company unfairly favours merchants that use Amazon’s logistics and delivery services when deciding who can access the buy box and its Prime customers, according to a report in the Financial Times.  The case is linked to alleged violations of Europe’s General Data Protection Regulation (GDPR) and Amazon’s collection and use of individuals’ personal data. It is not related to Amazon’s cloud-computing business, Amazon Web Services, according to the Wall Street Journal. The second, less advanced, investigation, is scrutinizing Amazon’s criteria for the use of the buy box. The UK watchdog is reportedly keen to build a portfolio of cases against Big Tech companies. Also Read: UK competition watchdog ‘to probe Amazon buy box’ The EU news comes only hours after the UK competition watchdog, which has been analysing the online retailer for months, is looking into how Amazon uses data collected on its platform and how the global tech giant decides which merchants appear in its “buy box”.  Farah Ghouri Thursday 10 June 2021 3:01 pm The UK investigation is likely to cover similar ground to the two currently open investigations under way in Brussels, it is reported.  More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org The draft decision will need to be agreed upon by other EU privacy regulators before it can be finalised under GDPR. The process, which could potentially take months, could lead to a higher or lower fine. A crucial selling feature, the “buy box” is the white panel on the right-hand side of a product, where buyers click to add to their shopping basket.  Before the draft decision can become final under the GDPR, it must effectively be agreed upon by other EU privacy regulators. Although the probe is at advanced stages, it may run for a further year or more as the EU has struggled to understand Amazon’s algorithm and gather enough evidence about it, according to reports.  whatsapp A European Union privacy regulator has proposed fining Amazon over $425m (£300m), as part of a process that could yield the biggest penalty yet under the bloc’s privacy law, according to reports. Show Comments ▼last_img read more