The Wall Street Journal | By: Natalia Drozdiak – Updated May 16, 2017 8:50 a.m. ET:
Watchdog claims social media giant’s privacy policy breaches French rules
France’s privacy watchdog on Tuesday slapped Facebook Inc. with a €150,000 ($165,616) fine on allegations the social media giant’s privacy policy breaches French law, the latest setback for the company in Europe where it is hounded by multiple legal and regulatory battles.
The size of the fine is comparatively small for Facebook, which brought in $27.6 billion in revenue last year—almost all of which came from advertising. More important, however, the watchdog’s decision could force changes to the way the company operates.
France’s Commission Nationale de l’Informatique et des Libertés, or CNIL, accused Facebook of compiling massive amounts of personal data for targeted advertising without granting users the option of objecting, the watchdog said.
The regulator also accused Facebook of collecting data on users’ browsing activity on third-party websites without their knowledge.
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