Tech

Italy’s competition watchdog has fined Facebook seven million euros

Italy’s competition watchdog has fined social networking giant Facebook seven million euros ($8.45 million) for failing to comply with a previous order related to improper use of its subscribers’ data.

The authority already fined the social media platform €5 million in November 2018 for unfair commercial practices and ordered it to adjust its practices.

“Facebook Ireland Ltd. and Facebook Inc. failed to comply with the warning to remove the unfair practice on the use of user data and did not publish the corrective statement requested by the Authority,” the AGCM said in a statement.

“They still do not provide immediate and clear information on the collection and use of user data for commercial purposes.” “This is information that the consumer needs to decide whether or not to subscribe to the service, given the economic value that Facebook places on data provided by the user, which represents payment for the use of the service.”

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