The GDPR’s five-year anniversary is marked by record penalty targeting Meta
25 May 2023 00:00
Duration: 22:38
Five years have gone by since the implementation of the European Union’s General Data Protection Regulation but managers at Meta Platforms aren’t likely celebrate the milestone. On Monday of this week, the tech giant’s Facebook social-media platform received a whopping $1.3 billion fine. The Meta unit was also told to stop transferring personal data from the EU to the US, in what is being described as the most consequential GDPR enforcement action that could be taken. On this week’s podcast, our reporters mull over the impact of the EU privacy regulators’ decision and what the GDPR has meant globally for privacy and data-security legislation.
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Meta Platforms social-media unit Facebook must suspend its transfers of personal data from the EU to the US.
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Since the General Data Protection Regulation took effect five years ago this week, more than 40 countries have enacted national privacy laws, most of which drew liberally from the canonical text of the EU law.
Editorial Team
James Panichi Senior Editor, Asia Pacific
James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the... Read more
Matthew Newman Global Chief Correspondent
Matthew Newman is a chief correspondent for MLex and writes about data protection, privacy, telecoms, cyber security and artificial intelligence. Matthew began his journalism career in 1991 in community newspapers. He worked as a reporter in Riga, Latvia in 1993 and then moved to Chicago where he covered local news. In 1995, he became a personal finance reporter for Dow Jones Newswires, and was then transferred to Brussels in 1999. He specialized in EU regulatory... Read more
Mike Swift Chief Global Digital Risk Correspondent
Mike Swift is an award-winning journalist who has been at the forefront of covering data, privacy and cybersecurity regulatory news for more than a decade. As the Chief Global Digital Risk Correspondent for MLex, in addition to reporting, he coordinates MLex’s worldwide coverage in the practice area. Formerly chief Internet reporter for the San Jose Mercury News and SiliconValley.com, Mike has covered Google, Facebook, Apple, Microsoft, Twitter and other tech companies and has closely tracked... Read more