BR100 Increased By (0.9%)
BR30 Increased By (1.24%)
KSE100 Increased By (1.03%)
KSE30 Increased By (1.22%)
AGHA 6.55 Increased By ▲ 0.23 (3.64%)
BECO 4.40 Increased By ▲ 0.13 (3.04%)
BML 62.45 No Change ▼ 0.00 (0%)
BOP 31.45 Increased By ▲ 0.22 (0.7%)
CNERGY 11.78 Increased By ▲ 0.19 (1.64%)
CSIL 5.94 Increased By ▲ 0.22 (3.85%)
FCCL 61.31 Decreased By ▼ -0.23 (-0.37%)
FFL 14.82 Decreased By ▼ -0.20 (-1.33%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.29 Increased By ▲ 0.03 (0.48%)
KOSM 6.03 Increased By ▲ 0.47 (8.45%)
LOTCHEM 24.99 Increased By ▲ 0.31 (1.26%)
MLCF 104.22 Increased By ▲ 0.14 (0.13%)
NBP 174.50 Decreased By ▼ -0.78 (-0.45%)
NCPL 52.84 Increased By ▲ 0.07 (0.13%)
NPL 54.80 Increased By ▲ 0.68 (1.26%)
OGDC 320.00 Increased By ▲ 6.61 (2.11%)
PACE 9.42 Increased By ▲ 0.22 (2.39%)
PAEL 35.75 Decreased By ▼ -0.05 (-0.14%)
PIBTL 13.94 Increased By ▲ 0.47 (3.49%)
PPL 231.25 Increased By ▲ 9.44 (4.26%)
PRL 80.90 Increased By ▲ 1.82 (2.3%)
PTC 47.00 Increased By ▲ 0.15 (0.32%)
SSGC 24.10 Increased By ▲ 0.23 (0.96%)
TBL 9.30 Decreased By ▼ -0.01 (-0.11%)
TELE 7.58 Increased By ▲ 0.19 (2.57%)
TPL 24.85 Decreased By ▼ -0.26 (-1.04%)
TPLP 12.90 Increased By ▲ 0.39 (3.12%)
TREET 26.15 Decreased By ▼ -0.10 (-0.38%)
TRG 53.80 Increased By ▲ 0.36 (0.67%)
Technology

Italy fines Facebook 7mn euros over data protection

  • AGCM had already fined Facebook 5.0 million euros in 2018, charging it with unfair trading practices, and ordered it to take corrective action.
Published Updated
By

ROME: Italy's antitrust regulator announced Wednesday a new fine of 7.0 million euros ($8.45 million) against Facebook for misleading conduct on data protection.

According to the authority, known as AGCM, the US social media giant fails to properly inform users about how it collects and uses their data for commercial purposes.

AGCM had already fined Facebook 5.0 million euros in 2018, charging it with unfair trading practices, and ordered it to take corrective action.

Wednesday's second fine came because the US company ignored orders to alter its practices as requested, the Italian regulator said.

Comments

Comments are closed for this article.