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South Korea Fines Google, Meta $72m for Privacy Violations

 

South Korean authorities have hit US tech giants Google and Meta with fines running into the millions of dollars over privacy law violations. 

In a statement on Wednesday, Seoul’s Personal Information Protection Commission said it fined Alphabet’s Google 69.2 billion won ($50 million) and Meta 30.8 billion won ($22 million).

The privacy panel said the firms did not clearly inform service users and obtain their prior consent when collecting and analysing behavioural information to infer their interests or use them for customised advertisements. 

“We disagree with the PIPC’s findings, and will be reviewing the full written decision once it’s shared with us,” a Google spokesperson said. 

 

Also on AF: China Set for New Economic Leaders as Reformers Retire

 

“We’ve always demonstrated our commitment to making ongoing updates that give users control and transparency, while providing the most helpful products possible. We remain committed to engaging with the PIPC to protect the privacy of South Korean users.”

A Meta spokesperson said: “While we respect the commission’s decision, we are confident that we work with our clients in a legally compliant way that meets the processes required by local regulations. As such, we do not agree with the commission’s decision, and will be open to all options including seeking a ruling from the court.”

Also on Wednesday, Google suffered its second setback in Europe in less than a year as the top court agreed with EU antitrust regulators that it had abused its dominance. Google lost its challenge to a 2.42 billion euro ($2.42 billion) fine last year, the first of a trio of cases, though the EU Court of Justice did trim it slightly.

 

  • Reuters with additional editing by Sean O’Meara

 

 

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

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