(Credit: Alex/Adobe Stock) 'Say Your Prayers': Meta's $1.3B Fine Might Not Be Last EU Data-Privacy Bombshell
"As we have seen from the recent news, the cost of noncompliance is becoming quite high," said Ken Kumayama, a partner at Skadden, Arps, Slate, Meagher & Flom.
May 25, 2023 at 01:05 PM
4 minute read
Technology Media and Telecom
The original version of this story was published on Corporate Counsel
The $1.3 billion fine the European Union levied against Facebook parent Meta this week over alleged data-privacy violations is sending shock waves through the tech sector, with many other companies fearing they could land in regulators' sights.
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